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(Variety)   Head of the Fyre Festival pleads guilty to wyre fraud   ( variety.com) divider line
    More: Followup, Fraud, disastrous Fyre Festival, New York court, multiple media reports, Judge, Billy McFarland, wire fraud, 120-month sentence  
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1404 clicks; posted to Entertainment » on 07 Mar 2018 at 4:30 AM (19 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



21 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2018-03-06 08:19:12 PM  
Did Ja Rule somehow get out of this mess? TFA is unclear
 
2018-03-06 08:34:21 PM  
I hope he hyred a good lawyer. Those charges are dyre.
 
2018-03-07 05:39:45 AM  
pmcvariety.files.wordpress.comView Full Size


Have fun in prison, bro.
 
2018-03-07 06:42:42 AM  
How did he think that was going to end?
img.fark.netView Full Size
 
2018-03-07 08:36:39 AM  

Bslim: [pmcvariety.files.wordpress.com image 850x478]

Have fun in prison, bro.


I know it's rude to judge people on their appearance, but...that dude was pretty much destined for something like this, wasn't he? It was either going to be "fake festival promoter" or "used cocaine salesman."
 
2018-03-07 09:09:38 AM  

Lochsteppe: Bslim: [pmcvariety.files.wordpress.com image 850x478]

Have fun in prison, bro.

I know it's rude to judge people on their appearance, but...that dude was pretty much destined for something like this, wasn't he? It was either going to be "fake festival promoter" or "used cocaine salesman."


"Don't worry about it.  It's taken care of.  Believe me."
 
2018-03-07 09:37:25 AM  
His mistake was ripping off rich people. If he had just scammed a bunch of college age hippy wannabees with Woodstock III he would have gotten at most six months home detention.

Sure you have to scan more people going after the poor, but the rich have lawyers and political power.
 
2018-03-07 10:25:08 AM  

Thank You Black Jesus!: Lochsteppe: Bslim: [pmcvariety.files.wordpress.com image 850x478]

Have fun in prison, bro.

I know it's rude to judge people on their appearance, but...that dude was pretty much destined for something like this, wasn't he? It was either going to be "fake festival promoter" or "used cocaine salesman."

"Don't worry about it.  It's taken care of.  Believe me."


I get a "Top New Accounts Seller at Wells Fargo" vibe from him.
 
2018-03-07 10:25:12 AM  

idrow: How did he think that was going to end?
[img.fark.net image 398x279]


He thought he was going to pull off the event.  By the time he realized he knew absolutely nothing about how to run a large concert festival (and how much money and prep it really takes), he was already up to his neck in empty promises and outright lies, and nowhere near enough resources to execute.  His most costly error was not calling it off a few weeks earlier, when he could have reasonably negotiated a settlement and escaped with some embarrassment and money/credit loss.  Now he's going to jail.

Arrogance and ignorance creates a mindset that things are easy, and you can make a quick score.
 
2018-03-07 10:30:56 AM  

idrow: How did he think that was going to end?
[img.fark.net image 398x279]


Just who does he think he is... a bank too big to fail, a company raiding a pension fund, a Trump???!?
 
2018-03-07 10:47:17 AM  
He should probably go to jail but 40 years seems excessive. You can get less than that for killing someone.
 
2018-03-07 10:59:51 AM  

abhorrent1: He should probably go to jail but 40 years seems excessive. You can get less than that for killing someone.


He's not going to serve 40 years. That's just what he COULD get.

FTFA:

"Prosecutors and McFarland's lawyers reached an agreement on a 97- to 120-month sentence, although judges are not required to follow that plea agreement. He faces up to 40 years in prison."

He would have to do something monumentally stupid in court or some new evidence would have to come up for him to get the max.  It's a bait headline.

/even 10 years looks a little harsh, but then again, it's not my money that he took
 
2018-03-07 11:18:55 AM  

Farce-Side: Thank You Black Jesus!: Lochsteppe: Bslim: [pmcvariety.files.wordpress.com image 850x478]

Have fun in prison, bro.

I know it's rude to judge people on their appearance, but...that dude was pretty much destined for something like this, wasn't he? It was either going to be "fake festival promoter" or "used cocaine salesman."

"Don't worry about it.  It's taken care of.  Believe me."

I get a "Top New Accounts Seller at Wells Fargo" vibe from him.


The vibe I got:
Frank Zappa- Bobby Brown *Official Video*
Youtube ZUq_T_Bhau8
 
2018-03-07 11:24:18 AM  
I still wonder if this was something he started with the intention of ripping everyone off or if it was a real attempt and making an event and not having the skill set and / or contacts to pull it off and everything just snowballed out of his control.
 
2018-03-07 11:51:15 AM  

Trik: I still wonder if this was something he started with the intention of ripping everyone off or if it was a real attempt and making an event and not having the skill set and / or contacts to pull it off and everything just snowballed out of his control.


Seems like this guy did it for the same reason every music event promoter gets into it: So they can be seen as a big shot hanging out with the talent and VIPs backstage. They are cultural elitists and they want to be known as throwing the biggest, most expensive events with the highest A-class talent. I've known a thousand richfark assholes like this. I've partied with richfark assholes like this.
 
2018-03-07 01:32:16 PM  
I read a different article that had more detail. Defrauding the festival goers was only one part of it. Apparently, he also altered documents that changed the value of some stock he held from $1500 to $2.5 million so that he could use it as collateral to get a loan from a bank. I think there was a fair bit of that kind of shenanigans going on. He wasn't just a young guy in over his head, he was actively committing fraud and forgery.
 
2018-03-07 02:18:21 PM  
Fyre Festival?

Shut up and take my money.

/nsfw
 
2018-03-07 02:32:26 PM  

kbronsito: a bank too big to fail, a company raiding a pension fund, a Trump???!?


I heard the nuns from The Sound of Music singing this.
 
2018-03-07 05:26:19 PM  
Bravo, subby. Bravo.
 
2018-03-07 08:33:46 PM  

chevydeuce: abhorrent1: He should probably go to jail but 40 years seems excessive. You can get less than that for killing someone.

He's not going to serve 40 years. That's just what he COULD get.

FTFA:

"Prosecutors and McFarland's lawyers reached an agreement on a 97- to 120-month sentence, although judges are not required to follow that plea agreement. He faces up to 40 years in prison."

He would have to do something monumentally stupid in court or some new evidence would have to come up for him to get the max.  It's a bait headline.

/even 10 years looks a little harsh, but then again, it's not my money that he took


And if it is a federal sentence he will do almost the full stretch.

10 years means 9.8 years with good behavior.
 
2018-03-07 09:29:48 PM  

Bslim: [pmcvariety.files.wordpress.com image 850x478]

Have fun in prison, bro.


img.fark.netView Full Size
 
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