Billy McFarland Pleads Not Guilty To Fyre Festival Fraud Charges
Fyre Festival organizer, Billy McFarland, has pleaded not guilty to wire fraud charges. These charges come after the failed attempt of a luxurious festival in the Bahamas.
Undoubtedly, Fyre Festival presented festival goers with a luxurious campground, exquisite cuisine, boats, and private flights. Tickets ranged from 4,000$ up to 250,000$ for the more exclusive perks. The festival seemed even more exclusive as it was promoted by models such as Kendall Jenner, Bella Hadid, Emily Ratajkowski, and others. This festival was set to be the best one of the century.
Unfortunately, festival goers where let down and arrived to the campgrounds to find disaster-relief tents. Exquisite cuisine? More like poorly made cheese sandwiches. One of the bands playing the festival, blink-182, pulled out of the festival a day before due to poor organization.
— Matt Halfhill (@MattHalfhill) April 28, 2017
Billy McFarland appeared in Manhattan federal court on October 2, where he pleaded not guilty to charges of wire fraud and making false statements to a bank. This hearing came after the charges of defrauding investors.
Furthermore, McFarland waived indictment, which means there will be no need for a grand jury. Due to this, a plea deal may be in the works. The pre-trial hearing is set for December 13.