Organizer of Fyre Festival fiasco charged with wire fraud

One of the organizers of the disastrous Fyre Festival has been arrested and charged with wire fraud, according to the U.S. Attorney’s Office for the Southern District of New York.

Billy McFarland was arrested Friday in New York and accused of making “false representations to investors” in his company, Fyre Media LLC, and in a “luxury” music festival that had been set to take place in the Bahamas over two weekends in April and May.

Acting Manhattan U.S. Attorney Joon Kim said in a statement Friday that McFarland allegedly presented fake documents to induce investors to put over a million dollars into his company.