SEC Charges Failed Fyre Festival Founder and Others with $27.4M Offering Fraud
Billy McFarland's Wikipedia page [1] is an entertaining read.<p>My favorite part of his story: "federal prosecutors in Manhattan said that from late 2017 to about March — months after Mr. McFarland had been charged ["with wire fraud in relation to Fyre and Fyre Festival"] — he ran a company that sold fraudulent tickets to exclusive events like the Met Gala, Burning Man and Coachella. In one case, the authorities said, two customers flew from Florida to New York for the Grammy Awards, only to be turned away at the door" [2].<p>Not sure how someone becomes this irredeemable at just twenty-seven year old.<p>[1] <a href="https://en.wikipedia.org/wiki/Billy_McFarland_(entrepreneur)#cite_note-27" rel="nofollow">https://en.wikipedia.org/wiki/Billy_McFarland_(entrepreneur)...</a><p>[2]<a href="https://www.nytimes.com/2018/06/12/arts/fyre-festival-organizer-fraud.html" rel="nofollow">https://www.nytimes.com/2018/06/12/arts/fyre-festival-organi...</a>