March 7, 2018
Billy McFarland, the promoter of the failed Fyre Festival in the Bahamas, leaves federal court after pleading guilty to wire fraud charges, Tuesday, March 6, 2018.
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Promoter of failed Fyre Festival pleads guilty to fraud
NEW YORK (AP) — The promoter of the failed Fyre Festival in the Bahamas — once billed as the "cultural experience of the decade" — pleaded guilty to wire fraud charges Tuesday, agreeing to serve up to a decade in prison for lying to investors who lost over $26 million.
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