Adding to the schadenfreude of rich-people misery brought on by the hapless Fyre Festival, its co-founder was sentenced to six years in prison on Thursday and must pay more than $26 million.
Billy McFarland and Ja Rule’s Fyre Festival was billed as a luxury festival, set to take place over two weekends in April and May 2017 in the Bahamas and promoted by “social media influencers” like Kendall Jenner and Bella Hadid. Instead, affluent ticket holders were stranded on the island with no entertainment and poor infrastructure as the internet cackled.
During the sentencing that included three years of probation, a federal judge in Manhattan called McFarland “a serial fraudster,” NPR reports. McFarland plead guilty in March and by June, the SEC charged McFarland with launching a “sham” company after the Fyre Festival debacle.
Ja Rule reached his own settlement with two attendees and managed to be removed as a defendant in a $5 million suit, claiming that McFarland called the shots.
In July, the Bay Area nearly had its own luxury festival in its backyard, Broke-Ass Stuart reported. Snooki, The Situation, and J-Wow of Jersey Shore fame were promised to appear in Antioch until it appeared that contractual obligations were going unfilled.