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Fyre Festival Organizer Billy McFarland Arrested on Wire Fraud Charges

Billy McFarland, one of the organizers behind the disastrous Fyre Festival, has been arrested on charges of wire fraud.

The fest founder was taken into custody by the F.B.I. on Friday (June 30) in New York City.

According to Manhattan U.S. attorney Joon Kim, Billy gave fake documents to investors to get money.

“As alleged, William McFarland promised a ‘life changing’ music festival but in actuality delivered a disaster. McFarland allegedly presented fake documents to induce investors to put over a million dollars into his company and the fiasco called the Fyre Festival. Thanks to the investigative efforts of the FBI, McFarland will now have to answer for his crimes,” Joon said in a statement.

If charged, he can face up to 20 years in jail.

Fyre Festival Founders Are Being Sued for $100 Million

The founders of the ill-fated Fyre Festival, Ja Rule and Billy McFarland, are being sued for a whopping $100 million in a potential class-action lawsuit from attendees of the failed event.

Ticketholders paid anywhere from $1,000 to $125,000 to attend the festival in the Bahamas, but when they arrived they found that the luxury accommodations they were promised looked more like a refugee camp. Headliners quickly started dropping out and the entire festival was canceled.

Celebrity lawyer Mark Geragos has filed a lawsuit on behalf of festival attendee Daniel Jung, who is asking for $5 million in damages “for alleged fraud, breach of contract, breach of covenant of good faith and negligent misrepresentation,” according to Variety.

It is anticipated that 150 plaintiffs will join the class and a minimum of $100 million is being sought.

Make sure to read the explanation of what went wrong with the festival.

Seth Rogen Says He Was Planning a Film Similar to Failed Fyre Festival

Fyre Festival: The Movie?

Seth Rogen
has taken to Twitter to say that he and his The Lonely Island musical comedy group – which consists of Andy Samberg, Akiva Schaffer and Jorma Taccone – were planning a film with a very similar plot to the real life failed music festival.

“This seems like a good time to mention the movie we are making with @thelonelyisland about a music festival that goes HORRIBLY WRONG,” the 35-year-old actor tweeted.

The Lonely Island‘s account then quoted Seth‘s tweet along with writing “For real, thinking about suing #FyreFestival for stealing our idea.”

The Fyre Festival was cancelled after reports of terrible conditions, poor housing, and more.

It’s not clear if Seth is being serious or if he was just joking.

Bella Hadid Breaks Silence on Fyre Festival, Says 'I Feel So Sorry' for Promoting the Event

Bella Hadid is addressing the failed Fyre Festival after being criticized for promoting the event.

The Fyre Festival was cancelled after reports of terrible conditions, poor housing, and more.

“I initially trusted this would be an amazing & memorable experience for all of us, which is why I agreed to do one promotion…not knowing about the disaster that was to come,” the 20-year-old model wrote on Twitter. “I feel so sorry and badly because this is something I couldn’t stand by, although of course if I would have known about the outcome, you would have all known too.”

Read Bella‘s entire response below…

Also pictured inside: Bella Hadid out and about on Saturday afternoon (April 29) in New York City.

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Ja Rule's Fyre Festival Promises Refunds & Explains Poor Conditions

Fyre Festival has released a statement following the chaos that ensued prior to its cancellation.

Founders Ja Rule and Billy McFarland explained that they will be issuing full refunds to all attendees and offering them free VIP passes to the festival in 2018.

They also explained the circumstances that lead to the poor conditions and admitted to being under-prepared.

“They simply weren’t ready for what happened next, or how big this thing would get. Suddenly, they found themselves transforming a small island and trying to build a festival,” the statement said.

It continued, “We decided to literally attempt to build a city. We set up water and waste management, brought an ambulance from New York, and chartered 737 planes to shuttle our guests via 12 flights a day from Miami. We thought we were ready, but then everyone arrived.”

“The team was overwhelmed. The airport was jam packed. The buses couldn’t handle the load. And the wind from rough weather took down half of the tents on the morning our guests were scheduled to arrive. This is an unacceptable guest experience and the Fyre team takes full responsibility for the issues that occurred,” Fyre Fest added.

The group plans to revamp the festival for 2018 and host it at a United States beach venue.

Read the company’s full statement on Billboard.