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Federal Felony Fraud for Fyre Festival Founder

Billy McFarland, the founder of the disastrous Fyre Festival, has been arrested and charged with wire fraud, the Department of Justice said Friday. Prosecutors allege McFarland, 25, used false information to get at least individuals to invest $1.2 million Fyre Festival, which was supposed to take place over two weekends in the Bahamas. "As alleged, William McFarland promised a 'life-changing' music festival but in actuality delivered a disaster," said Acting U.
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