fyre festival is going well

https://news.vice.com/en_us/article/a3ayma/fyre-fests-founder-is-going-to-prison-but-the-spirit-of-his-scam-lives-on

As a dozen-odd civil and criminal lawsuits inched their way through New York’s state and federal courts this winter, McFarland, out on bail, began pursuing new business ventures. In January, he took meetings in a 1,400-square-foot penthouse room with a private wraparound terrace on the top floor of the swanky Murray Hill Tuscany Hotel in NYC, according to interviews and receipts obtained by VICE News.

And despite the criminal charges and the flameout of his last two businesses — Fyre Media and the concierge service Magnises, which offered its members VIP experiences — people showed up to entertain his pitch, a scheme to make money off Instagram live streams.

Actual LOL: https://www.stereogum.com/2001285/fyre-festival-promoter-billy-mcfarland-arrested-on-fraud-charges/news/#comment-20516582

Millennial hero

https://www.theguardian.com/music/2018/jul/04/two-attendees-of-disastrous-fyre-festival-awarded-25m-each

2.5m each - URL deceives but still

Christ

Seth Crossno and Mark Thompson each paid $13,000 for VIP tickets to the festival on the Bahamas island of Great Exuma

Can’t even imagine having 13 k let alone spending it on a ticket

one way or another this was going to end w a rich guy giving money to another rich guy

Yeah, this doesn't surprise me whatsoever!

damages based on losses for hotels and flights as well as the “mental anguish”

rich ppl's mental anguish is some next level shit

imagine if you had the resources to sue, say, a former employer for "mental anguish"

https://pbs.twimg.com/media/DizQez1W0AEORUP.jpg

This is so perfect.

Plus!

https://www.theverge.com/2018/7/24/17608204/fyre-festival-billy-mcfarland-sec-settlement

From the SEC:

McFarland induced investors to entrust him with tens of millions of dollars by fraudulently inflating key operational, financial metrics and successes of his companies, as well as his own personal success – including by giving investors a doctored brokerage account statement purporting to show personal stock holdings of over $2.5 million when, in reality, the account held shares worth under $1,500.

I should just believe it at this point, but the financial shenanigans in several recent cases where it comes down to people flat-out lying about account balances or doctoring paperwork is astounding

You know how easy it is to view source and edit the number in your balance.

I'm surely doing things wrong when I have to provide detailed account information in order to secure a home mortgage -- I should be asking for a thousand times the amount of money and just scrawling zeroes onto a printout of my bank balance and then faxing it over

silby's got it

Oh and another guilty plea today!

Dude gets convicted of #fraud for #FyreFestival in #Bahamas, out on bond awaiting #sentencing of 8 to 10 years, then commits multiple new fraud charges while out on bond, now facing up to 75 years in #prison with new guilty plea deal. This guy is sharp. https://t.co/5Vayn0bXdO

— Billy MacLeod (@BillyMacLeod) July 27, 2018

#fraud
#prison

#Shithead

it was nuts when you look back

https://discourse-cdn-sjc1.com/business5/uploads/drownedinsound/optimized/3X/c/4/c417d16e59323c9e5efbf1f217d288cfc6fb94ea_1_674x500.jpg

"what's the deal with all the feral dogs?" is a line i think about a lot

@ApocalypticSeinfeld

"who has the fucking conch in this joint?!"

this is one of those rare stories that would work equally well adapted as either a riotous comedy of errors or a terrifying descent-into-madness horror movie

cannibal lolocaust

would watch

ferris bueller's flesh off

21 stump feet

Feral Dog Day Afternoon.

a wild pack of fyre fest dogs

it's wild hogs that live there, for that irl Lord of the Flies connection.

but saying you are chased by wild dogs (and possibly wolves!) def sounds tougher, you a real man now dog.

I only get chased by artisanal untamed dogs

Indeed?

https://www.billboard.com/articles/news/festivals/8476448/ja-rule-fyre-festival-failure-interview-drink-champs-video

I don't think I've ever wanted the death penalty for anyone. There's a first time for everything, I'd reckon.

lol he is now talking about the allegations as if they're true.

sorry wrong thread :)

he's looking trim at least

If the courts buy this then who’s going to be the intrepid mental health expert that breaks the tender news to literally all of Silicon Valley

(btw very proud to have a reason for posting in this legendary thread)

Six years, not nearly enough but even so. (He's pled guilty to other charges he's not been sentenced for yet.)

https://www.businessinsider.com/fyre-festival-founder-sentenced-to-6-years-in-prison-2018-10

ja rule skates, sad to see

(six years is quite a long time ned! i know this guy was a villain and a dick as well as a legend but don't let's let carceral fever consume us!)

I had missed this.

https://variety.com/2018/biz/news/fyre-festival-founder-billy-mcfarland-apologizes-from-prison-im-devastated-but-accepting-1203021236/

Oh yeah.

Get your exclusive first look at FYRE — a revealing new doc about the insanity and rapid unraveling of Fyre Festival: the greatest party that never happened. Premieres January 18. #NetflixNewsWeek pic.twitter.com/B4iaR3UJwM

— See What's Next (@seewhatsnext) December 10, 2018

Quick note that this is separate from the Hulu documentary series. I will happily watch both.

stoked for the madness babee

so looking forward to that
also I first had this thought when watching the Amy Winehouse documentary is that the documentary is really different now that -- if you can get in touch with people -- literally every second of every event has been recorded or photographed by someone on their phone

Schadenfyred