For the international contemporary live music industry
LiveUK

Jailed McFarland faces second fraud charge

UNITED STATES -
World News
July 24, 2018
McFarland

While out on bail and awaiting sentencing on fraud charges, William McFarland, the promoter of the ill-fated Frye Music Festival in the Bahamas last year, was arrested again in New York on 12 June.

The new charges of wire fraud and money-laundering relate to selling fake tickets to exclusive events, such as the Coachella Valley Music and Arts Festival (cap. 125,000), and took place while he was waiting sentencing for the Fyre festival convictions.

He is alleged to have defrauded around 15 concert-goers of $100,000 and faces a maximum of 40 years in prison if convicted of those charges. He is now in custody.

It is claimed that he started the later fraud just months after his June 2017 arrest for the Frye festival fiasco and used the event’s client list to approach people.

The collapse of the so-called luxury music event, held on on the island of Grand Exuma and set for 28-30 April and 5-7 May 2017, left hundreds of VIP guests stranded.

Festival-goers who from $1,200 to $12,000, found a half-built site, inadequate shelter, a lack of water and electricity, and cheese sandwiches in polystyrene containers.

Acts booked included Blink 182, Disclosure, Skepta and Major Laser, but the event was abandoned after Blink 182 pulled out the day before.

Meanwhile Los-Angeles-based law firm Geragos & Geragos has filed a $100 million lawsuit against the organisers, alleging breach of contract, fraud, negligent misrepresentation.

Other Stories

Ticketmaster cleared in TradeDesk inquiry

February 22, 2019
NORTH AMERICA                Competition authorities have ruled that Ticketmaster (TM) has not broken federal competition law by promoting its…
Read more

Venue giants AEG and SMG plan merger to form global behemoth

February 22, 2019
WORLD                   The merger between venue management companies AEG Facilities and SMG to form ASM Global is…
Read more