Organizers of the disastrous Fyre Festival are reportedly being investigated by the FBI
According to a new report in The New York Times, the co-founders of Fyre Media, who put on the event, are now facing a criminal investigation by the US attorney's office for the Southern District of New York and the FBI. Investigators are reportedly looking into allegations of possible mail, wire, and securities fraud."I cannot emphasize enough how sorry I am that we fell short of our goal," McFarland said in a statement to the Times. "I'm committed to, and working actively to, find a way to make this right, not just for investors but for those who planned to attend."
One suit, filed by celebrity trial lawyer Mark Geragos, is seeking $100 million in damages, alleging that the "festival's lack of adequate food, water, shelter, and medical care created a dangerous and panicked situation among attendees - suddenly finding themselves stranded on a remote island without basic provisions - that was closer to 'The Hunger Games' or 'Lord of the Flies' than Coachella."According to a leaked tape that was reported on by Vice, McFarland told employees of Fyre Media on May 5 that they would no longer be paid for their work, but that they could stay at the company and work without pay if they wished. Employees have said that they were paid via wire transfer or in cash.
A host of supermodels had promoted the festival on social media, including Kendall Jenner, Hailey Baldwin, Emily Ratajkowski, and Bella Hadid. Blink-182, Major Lazer, Migos, Tyga, and Disclosure were among the artists scheduled to perform, according to the festival's promotions. According to the Times' most recent report, Blink-182's equipment is still stuck in "customs limbo." Fyre Media reportedly owes more than $330,000 in customs fees.Tickets started at $1,200, but reports have said some attendees paid close to or over $100,000 for the weekend.
- Earth's satellites, power grids and planes may have more time to prepare against the threat of solar flares
- These are India’s top 10 'most livable' cities, according to the government's Ease of Living Index 2020
- Flipkart is reportedly looking to list in US via a blank cheque firm
- Smartphone brand OPPO will launch new fitness band on March 9
- Ahead of its electric three-wheeler launch, EV startup Euler Motors raises ₹30 crore