Billy McFarland (fraudster), Date of Birth, Place of Birth

Billy McFarland (fraudster)

American convicted fraudster

Date of Birth: 11-Dec-1991

Place of Birth: New York City, New York, United States

Profession: businessperson

Nationality: United States

Zodiac Sign: Sagittarius

William Z.
McFarland (born December 11, 1991) is an American convicted fraudster who co-founded the ill-fated Fyre Festival.
He defrauded investors of $27.4 million by marketing and selling tickets to the festival and other events.In 2013, McFarland founded Magnises, a company that marketed an invitation-only charge card, using $1.5 million of investor funding.
He later founded and acted as CEO of Fyre Media, which developed the Fyre mobile app for booking music talent.
In late 2016, along with rapper Ja Rule, McFarland co-founded the Fyre Festival, a luxury music festival intended to promote the Fyre app.
The event was scheduled to take place in April–May 2017 but was aborted, after attendees had arrived, owing to issues with security, food, logistics, understaffing, accommodations, and talent relations. In May 2017, McFarland and Ja Rule were sued for $100 million in a class action lawsuit on behalf of Fyre Festival attendees.
The following month, McFarland was arrested and charged with wire fraud in Manhattan federal court for his role in the organization of the festival.
After pleading guilty to two counts of wire fraud in March 2018, he was sentenced to six years in federal prison.