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Newswire: Fyre Festival co-founder arrested for fraud

Pitchfork reports that Billy McFarland—who, alongside rapper Ja Rule, was one of the architects of the Caribbean clusterfuck known as Fyre Festival—has been arrested by the FBI on charges of wire fraud. A U.S. attorney issued a statement today, saying that “McFarland allegedly presented fake documents to induce investors to put over a million dollars into his company and the fiasco called the Fyre Festival.
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Billy McFarland, the man who teamed up with Ja Rule to organize the disastrous Fyre Festival has been charged with one count of wire fraud in relation to the event. Federal prosecutors say McFarland was arrested at his home in…

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