From Unilad, April 24:
Billy McFarland issues major update on Fyre Festival 2 after sparking outrage over $1,000,000 ticket prices
Just a week after announcing the second instalment to the fraudulent festival was postponed indefinitely, the convicted felon has spoke out
Fyre Festival fraudster Billy McFarland has made a bombshell announcement just two months after revealing plans for a second instalment set to take place this spring.
After serving less than four years behind bars for his involvement in the infamous 2017 festival, the 33-year-old voiced his plans to have another shot, listing tickets for as much as $1.1 million back in February.
'Fyre Festival 2' was initially earmarked to take place on Isla Mujeres, located off the coast of Cancun, Mexico, between May 30 and June 2, but just last week, the convicted felon announced that it had been postponed indefinitely.
Fortunately, this time, ticket holders were notified that they had been issued refunds. You may recall that eight years ago, investors and customers lost over $26 million in two separate fraud schemes, as explained by the US Attorney's Office for the South District of New York.
Now, McFarland has unveiled plans to sell the 'Fyre' brand - even boasting that it has became 'one of the world’s most talked-about music festivals'... although for maybe all the wrong reasons, Billy!
He issued a lengthy statement on the business website, which read in part: "Over the past two years, we’ve poured everything into bringing FYRE back with honesty, transparency, relentless effort, and creativity. We’ve taken the long road to rebuilding trust. We rebuilt momentum. And we proved one thing without a doubt: FYRE is one of the most powerful attention engines in the world.
"Since 2017, FYRE has dominated headlines, documentaries, and conversations as one of the world’s most talked-about music festivals. We knew that FYRE was big, but we didn’t realize just how massive the wave would become. That wave has brought us here: to a point where we know it’s time to call for assistance.
"This brand is bigger than any one person and bigger than what I’m able to lead on my own. It’s a movement. And it deserves a team with the scale, experience, and infrastructure to realize its potential."
Continuing: "We have decided the best way to accomplish our goals is to sell the FYRE Festival brand, including its trademarks, IP, digital assets, media reach, and cultural capital - to an operator that can fully realize its vision.".....
....MORE, including video of the announcement.
Here's the website: https://www.fyre.mx/
As noted a few times over the years:
As a self-proclaimed connoisseur of orotund obfuscation I appreciate a fine bit o'bloviation from a scammer:
How to Spot a Hedge Fund Fraudster
Bombast. In my experience they are all bombastic.
And stripper poles.
You would not believe the number of stripper poles that crooks collect....
He was given early release from prison due to the covid pandemic. Because, of course.
Most recently:
April 18 - "Fyre Festival 2 is postponed, no new date set"
April 7 - Fyre Festival 2.0 Not Happening in Mexico, Organizers Claim Government Screwed Them
Earlier in the FF 2.0 saga (Feb. 7, 2024):
"Adam Neumann is trying to buy WeWork, but Third Point says financing not committed" + "Billy McFarland Is Selling Fyre Festival Tickets Again"
And many more; but for me the quintessential Billy McFarland story is the fact he got taken in by another fraudster:
Scam the Scammer: "Wannabe socialite swindler may have bilked Fyre Festival fraudster"
