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Wednesday, June 29, 2022

Fyre Festival founder Billy McFarland released from prison early

Billy McFarland, Fyre festival organizer who was convicted of fraud related to the disastrous 2017 venture in the Bahamas, has been released from federal prison early.

The 30-year-old was released from a low-security facility in Michigan on March 30, a spokesman for the Federal Bureau of Prisons confirmed to HuffPost on Thursday.

According to the spokesperson and online jailhouse, he was transferred to a facility in New York and will serve the remainder of his sentence to expire in August, either in home confinement or in a residential reentry center, also known as a half-house. Is known. Information

His release was first reported by TMZ on Wednesday.

McFarland was sentenced in 2018 to six years in prison after pleading guilty to committing wire fraud related to the failed festival and selling counterfeit tickets to special events while out on bail. He admitted to defrauding investors of $26 million through a festival scheme and later over $100,000 through a ticket-selling scheme.

The rookie attracted millions of customers, who were promised a luxury concert that would include top-notch concerts, delicious food and glamorous accommodations. But when guests arrived, some who paid $250,000 for event tickets, said they were given cheese sandwiches, half-built FEMA disaster tents to sleep in, and no musical entertainment.

McFarland apologized in court for his actions, but his pleas for leniency were rejected by a judge who said “his fraud, like a circle, has no end,” Vice News reported at the time. Gave.

In 2020 McFarland wrote to the same judge requesting early release from prison, citing concerns about COVID-19 and claiming he was not the same person when he was sentenced.

“I should have taken longer than this, but your message has arrived,” according to the letter published by TMZ.

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World Nation News Desk
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