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Fyre Festival founder Billy McFarland jailed for 6 years for scamming investors out of $26 million

Fyre Festival founder Billy McFarland, 26, was found guilty of multiple counts of fraud that included the Fyre Festival debacle in which he scammed his investors out of $26 million. Set on the island of Exumas

in the Bahamas, Fyre Festival was initially described as the “culture experience of the decade” as a luxury event during the last two weekends of April and May in 2017. The festival boasted a lineup of Major Lazer, Disclosure, Lil Yachty, Blink-182, Migos and more.

The event was promoted on social media with models like Bella Hadid, Kendall Jenner and Emily Ratajkowski trying to lure people into buying tickets ranging from $1,200 to over $100,000.

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