Unlike Delvey’s long-running confidence games, the Fyre scam was exposed the moment paying customers arrived at the hellish show. Matthew Assante, Waka Flocka, Billy McFarland, and Ja Rule at a bar in 2016 | Chance Yeh/Getty ImagesBilly McFarland’s infamous Fyre Festival was a disastrous scamAs the New York Times reports, McFarland didn’t design Fyre Festival as a top-to-bottom scam. SEC investigators wondering where the festival money went found a web of wire fraud, with money falling into the company founder’s pockets. But, as viewers of the Fyre Festival Hulu documentary can attest, the man has a habit of dodging total blame. Five years after the Fyre Festival, convicted fraudster Billy McFarland is out of jail and planning a comeback.

Source: New York Times October 09, 2022 16:52 UTC