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Ja Rule, Memes, and Migos: PE.RI U.S. NEWS FYRE FESTIVAL FRAUD Mar 07 | Fyre Festival founder and CEO Billy McFarland pleaded guilty to two counts of wire fraud, facing up to ten years in prison. Fyre Festival founder and CEO, Billy McFarland, pleaded guilty to two counts of wire fraud yesterday, and will face up to a decade in prison. McFarland admitted in a Manhattan federal court that he had defrauded investors and falsified documents as a way to provide funding for his promised luxury Fyre Festival experience. The two wire fraud charges each carry a maximum of 20 years in prison, but McFarland made a plea agreement which may allow him to face only eight to ten years, with a fine of up to $300,000. McFarland’s sentence is scheduled for June 21st. ___ McFarland and fellow festival-promoter rapper Ja Rule made Fyre Festival out to be a “luxury concert” to take place on a small island in the Bahamas. The festival was to include performances from Blink-182, Migos, and Disclosure with extravagant housing accommodations and celebrity-chef-cooked meals. However, when concertgoers started to arrive to the festival, they were met with flimsy tents and boxed lunches and told that the musical acts had been canceled. Mcfarland told the judge, Naomi Reice Buchwald, of Federal District Court in Manhattan, that he had begun organizing the festival with good intentions but had “greatly underestimated the resources” it would take to deliver the experience that was advertised. ___ Photo: Mark Lennihan | AP

Fyre Festival founder and CEO, Billy McFarland, pleaded guilty to two counts of wire fraud yesterday, and will face up to a decade in prison...

Abc, Anaconda, and Dude: William N. Finley IV @WNFIV ITB Follow A view of the luxury food court with some luxury school bus transportation at Fyre Festival. #fyre #fyrefestival 10:36 PM- 27 Apr 2017 Tr3vor @trev4president Follow The dinner that @fyrefestival promised us was catered by Steven Starr is literally bread, cheese, and salad with dressing. #fyrefestival 0:00 PM- 27 Apr 2017 killerlizardsfromouterspace: micdotcom: Fyre Festival attendees are suing for $100 million A lawsuit is already underway after the massive failure that was Fyre Festival — a much-hyped music festival in the Bahamas that fell apart even before its official first day on Friday. The suit, filed Sunday in California, accuses festival organizers Ja Rule and Billy McFarland of fraud and seeks $100 million in damages for attendees who reportedly paid between $4,000 and $100,000 per person to attend the pricey event, ABC Newsreported Monday. The suit was filed by Daniel Jung “on behalf of himself and all festival attendees,” ABC News reported. It claims that Fyre Festival, billed as a “cultural moment” and promoted by Instagram “influencers” like Kendall Jenner and Bella Hadid, was “nothing more than a get-rich-quick scam from the very beginning,” according to a statement from Jung’s attorney, Mark Geragos. Read more (5/1/17 12 PM) lol yea white tears cuz they finna get that money back from ja rule, yall are celebrating a black dude losing money and saying white tears and even so yall defending ja fucking rule, ridiculous fam.