Con artist Billy McFarland bags $19K to ‘own up’ to Fyre Festival fraud
out of more than $26 million, will be jet-setting in April for an appearance at Entrepreneur University’s Founder Summit in Wiesbaden — where he intends to share his side of the 2017 fiasco, he told The Post.
Video from last year’s Founder Summit suggest it’s not the typical business conference: 7,000 aspiring leaders are greeted by cheerleaders for two days of high-energy speeches, strobe lights and on-stage dance shows. “It’s a great opportunity to own this sh-t, too,” McFarland said. “To get up there in front of thousands of live entrepreneurs and say, ‘Guys, I totally f–ked up and here’s where I went wrong, so please don’t make these mistakes, too.’
District Judge Naomi Reice Buchwald approved the trip on March 9, signing off on McFarland forking over just 40% of his $18,731 fee to victims.The Founder Summit where McFarland is speaking is not a conventional business get-together — it includes high-energy presentations and dancing.Entrepreneur UniversityThe German jaunt will leave McFarland owing $26,009,099 — meaning he’ll have to do 3,472 speaking slots at the same rate to pay back the victims of his infamous grift.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
1 No Time To Die Actor Would Make A Great James BondNo American actor has ever played James Bond, but that should change for Bond 26, and the perfect actor was a villain in No Time to Die.
Read more »
Jason Robertson is rewriting Dallas Stars history, one milestone after anotherWhen the OHL’s Kingston Frontenacs assembled for training camp in 2015, then-head coach Paul McFarland said expectations weren’t high for the team’s recent...
Read more »
At 17, William Davis was convicted of a murder he did not commit. His conviction was not wrongful. But is the legal doctrine behind it just?William Davis was sentenced to die in prison even though he didn't kill anyone. The penalty was legal, but is the law right?
Read more »
Family of cyclist killed in Dallas hit-and-run ready to move on as suspect set for plea dealBilly Watley’s daughters have been preparing their victim impact statements after they received a call from the Dallas County District Attorney’s Office that the suspect has settled on a plea deal. It’s a resolution they’ve been waiting for.
Read more »
‘A fraud of staggering scope’: Closing arguments begin in fraud trial against Outcome Health foundersThe founders of the once-lauded Chicago start-up Outcome Health lied to clients for years as part of “a fraud of staggering scope and ambition,” a government prosecutor alleged during closing arguments in the federal trial of three former executives.
Read more »
Titanium Blockchain CEO behind BARs ICO fraud, put behind bars for 4 yearsTitanium Blockchain CEO and founder Michael Stollery has been sentenced to prison over his role in a “cryptocurrency fraud scheme” which involved an initial coin offering for BAR tokens.
Read more »