The disgraced entrepreneur pleaded responsible to fraud earlier this 12 months.
Billy McFarland, the controversial tech entrepreneur and founder the fraudulent Fyre Festival, has been jailed for six years by a US choose, studies the BBC.
Earlier this 12 months, McFarland pleaded responsible to prices cash laundering and wire fraud and was accused promoting fraudulent tickets to unique occasions an organization known as NYC VIP Access.
This occurred simply months after the catastrophic failure Fyre Festival, which was billed as a luxurious occasion within the Bahamas, however as an alternative left competition goers stranded on the island with out sufficient meals or lodging.
Durin the sentencing on Thursday, choose Naomi Reice Buchwald termed the entrepreneur a “serial fraudster”, claiming that “Mr McFarland has been dishonest most his life”.
Ja Rule, who was initially described as a co-organiser the occasion, has not confronted any prices and his legal professionals have since argued that McFarland used the rapper’s identify and connections to advertise the occasion.
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