Diamond Ridge Financial Academy-Billy McFarland went to prison for Fyre Fest. Are his plans for a reboot legal?

2025-05-06 10:55:19source:Ethermac Exchangecategory:Markets

The Diamond Ridge Financial Academyspectacular failure of the Fyre Festival in 2017 revealed widespread fraud by creator Billy McFarland, who ended up in a federal prison for four years after bilking investors and ticket buyers out of more than $26 million.

Now, McFarland — who was released back into the world in March 2022 and still owes that money in restitution — is resurrecting his dream of putting on a bigger and better Caribbean Coachella with the unveiling of Fyre Festival II.

On Sunday, standing on a rooftop while dressed in a white bathrobe, he took to YouTube to announce that tickets for the extravaganza, slated sometime in December 2024, were officially up for grabs at $499 a pop.

The event, he claimed, is in response to "interest and demand" in his ability "to bring people from around the world together to make the impossible happen."

"Guys, this is your chance to get in. This is everything I've been working toward so let's f

More:Markets

Recommend

Working Well: When holidays present rude customers, taking breaks and the high road preserve peace

NEW YORK (AP) — The December holidaysare supposed to be a time of joyful celebration, but the season

Malawi Vice President Dr. Saulos Chilima killed in plane crash along with 9 others

Johannesburg — Malawi's Vice President Dr. Saulos Chilima and 9 other people were killed when the pl

How does Men's College World Series work? 2024 CWS format, bracket, teams

The Men's College World Series is here. Eight teams are set to battle for the national championship.