Infamous Fyre Festival promoter Billy McFarland may have neglected to budget for toilets, but he still managed to drop more than $150,000 on a yacht for the band Blink-182, according to newly obtained files.
The failed festival hit headlines last year, after the first edition of the ‘luxury’ event soon turned into a dystopian nightmare in May.
Despite promising punters luxury accommodation and a line-up that included the likes of Major Lazer, the event quickly descended into chaos when it took place. The company behind it was later forced into bankruptcy.
However, new documents obtained by the New York Post reveal that while McFarland may not have put in proper money for toilets and other amenities, he willing to shell out big bucks on other business ventures. The disgraced organizer reportedly paid for scheduled headliners Blink-182 to stay on a $160,000 yacht during their stint at the Fyre Festival.
A source reveals how “there was gross mismanagement and a general misunderstanding of how events like this unfold and that purchases weren’t being vetted,” they also referred to McFarland as a “millennial gone wild.”
The source added a true fraudster would have absconded with the funds, saying, “The moral of the story is that no one looking to dupe consumers goes and purchases such benign products at tens of thousands of dollars. Instead, they would take the money and run.”
> Shiuly Akter
Fyre Festival Promoter Spent over $150,000 on a Yacht for Blink-182
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