U.S. Marshals Service online auction – Fyre festival fraud scheme
Ive seen one of the documentaries about this festival. IMO, I dont think the perpetrators set out to defraud anyone. I think they were just completely inept at what they were doing. They(Billy McFarland) got in over their head and realized way too late that they were. I suppose the case can be made that they did realize early enough that they could have called it off before the dumpster fyre that it was happened. Not doing so seems solid grounds for a fraud case. I think that it is also possible that if he had admitted failure there is a chance he could have salvaged the event and had it later.That said I don't think it was an intent to defraud people or else they would not have even tried to put the event together. Why would all of this merch have been created if they just wanted to bilk investors and festival attendees? This is hubris and ignorance more than fraud.