felon founder Billy McFarland has just been sentenced to prison for six years.
The sentencing was a result of multiple counts of fraud, which included the failed Bahamas-based festival that brought hundreds of millennials to an empty festival. While out on bail, he also created a ticket-selling scam that targeted Fyre Festival attendees with an offer for “NYC VIP Access” to high profile events like the Grammys and the Met Gala.
Fyre Festival founder has been sentenced to 6 years in prison after pleading guilty to defrauding customers out of millions of dollars in various ticketing schemes https://t.co/UHJ2zWrQHJ
— Business Insider (@businessinsider) October 11, 2018
McFarland apologized several times during his hearing and begged the judge for leniency after he had been diagnosed with untreated bipolar disorder, which he claimed prevented him from knowing what was right and wrong.
U.S. District Court Judge Naomi Buchwald did not budge, calling him a “serial fraudster” in court.
“Bipolar does not excuse behaviour,” Buchwald stated.
The sentence was six years in prison, three years of supervised release, and McFarland was ordered to give up $26,182,386.