Fyre Festival Founder Billy McFarland Arrested On More Fraud Charges

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According to a new report, McFarland was arrested earlier today on more fraud charges. Sweeney said in a statement, "McFarland allegedly went on to sell fraudulent tickets to many grand events, totaling nearly $100,000".

Billy McFarland, co-founder of 2017's disastrous Fyre Festival, was scheduled to be sentenced next week after pleading guilty in March to defrauding 80 investors in that event of $24 million, among other charges.

Billy McFarland, center, accompanied by his attorney Randall Jackson, left, leaves federal court after pleading guilty to wire fraud charges, Tuesday, March 6, 2018, in NY.

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In a complaint and affidavit released late Tuesday by U.S. Attorney's Office of the Southern District of NY, the government accuses McFarland of starting a company called NYC VIP Access, which purported to sell tickets to high-end events including the Met Gala and the Grammy Awards.

"William McFarland, already awaiting sentencing for a prior fraud scheme, allegedly continued to conduct criminal business as usual", United States Attorney Geoffrey Berman said in a statement.

We're told the documentary crew behind Hulu's upcoming Fyre Festival docuseries, being produced by Cinemart, has been following McFarland's hearings. His lawyer did not immediately comment.

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NYC VIP Access was purporting to sell tickets to major events such as the Grammys, the Met Gala, Coachella, and the Super Bowl.

McFarland used a spreadsheet identifying the Fyre Festival attendees with the highest salaries, the feds said. Altogether, about 15 customers were defrauded of a total of $100,000; these people either never received their tickets at all or never received the ones that were originally advertised to them.

She said prosecutors were considering additional charges including bank fraud and an identity theft charge that would carry a mandatory two-year prison sentence upon conviction.

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