From the New York Post, September 12:
Fyre Festival fraudster Billy McFarland celebrated his release from a halfway house by throwing himself a cocktail party at a Manhattan bistro, according to a report.
McFarland, who was sentenced to six years in prison in 2018 after pleading guilty to bilking investors out of some $26 million following the music festival fiasco, was released from a Brooklyn halfway house last week.
For six months, he was required to wear an ankle bracelet monitoring his movements, which were limited to the halfway house, the grocery store and a local gym.
On the night he was freed, the 30-year-old invited friends to a party at Marylou, a French bistro in the East Village. Among those in attendance were two of his ex-employees from the Bahamas who worked for him in helping put together the disastrous music festival on the Caribbean island.
McFarland told the New York Times that he’s looking to get into tech. He must pay full restitution to his victims.
“If I worked in finance, I think it would be harder to get back,” he told the Times.
“Tech is more open. And the way I failed is totally wrong, but in a certain sense, failure is OK in entrepreneurship.”
McFarland added: “At the end of the day, I think I could probably create the most value by building some sort of tech product.”
“Whether that’s within a company or by starting my own company, I’m open to both. I’ll probably decide in the next couple of weeks which path to go do.”....
....MUCH MORE
Related:
- The Party That Never Ends: "Fyre Festival’s Billy McFarland mulls over ways to pay $26 million to victims while in halfway house"
- An Homage to Fyre Festival: "No Evidence of Herpes Outbreak or Spike at Coachella"
- With The Second Anniversary Of Fyre Festival Fast Approaching: The Lego Fyre Festival Set
- "Hulu and Netflix could face subpoenas over their dueling Fyre Festival documentaries"
- Fyre Festival Lives On In The Hearts Of Those Who Believe: British Adventurers Edition
