Fyre Festival Billy McFarland condemns $ 35 million, between unpaid taxes and compensation for burning persons from his famous first failed event.
Sun Sun can exclusively reveal that Billy had a new federal tax concession that was presented against him in 2024, just as Playa Del Carmen City The US Sun said that Fyre 2 is “Fake News”.
5
5
According to the court's writer, the latest Lynn from Billy is $ 74,213, a decrease in his total debt bucket.
Billy has a total of four tax privileges, one of which was presented against him and his collapsed companies in 2018 for $ 1,812,368.
Another was offered in New York against him in 2018 for $ 5222.
As the American company SUN mentioned, the largest tax concession for Billy is from the Federal Reserve, and was presented against him in 2022 for 6,887,435 dollars.
Read more from Billy McFarland
Outside his tax hell, Billy was working to pay the amount of $ 26 million from the water amount for his investors and ticket buyers from the 2017 failed Fyre Festival.
According to the United States' court documents, in 2023, Billy lawyer told a federal court in New York that he only paid $ 28,000 as compensation at that stage.
Earlier this week, a local official in Playa del Carmen told the United States newspaper that they did not know anything about the Fyre 2 festival that is happening there, describing the event as “fake news”.
“I am sorry that there is no FYRE 2 festival, Playa del Carmen does not know anything about it,” the official said.
The Playa del Carmen city hall put on this issue in an official statement.
“In light of rumors about an event called Fyre 2, we inform that no event is made with this name in Playa Del Carmen.
“After a responsible review, there is no registration or planning in the municipality.
“This government works on responsibility, commitment to safety, public order, and social coexistence.”
At a press conference last week, the Billy team stated that they had the necessary permits for this event, and presented a local official as part of the announcement.
The event was already transferred twice within one month, as it was transferred from ISLA MUJEERES to Playa Del Carmen after the former Tourism Council claimed that the event was not legitimate.
The press conference promises
During the press conference last week, Billy McFarland and his team made bold obligations regarding the festival, which will be held from May 30 to June 2.
Billy stated that the second Fyre Festival will be his chance to amend the first catastrophic event, which left the attendees who were cut off on the island of Bahama without food, water or sufficient accommodation.
Fyre Festival & Billy McFarland
The opening Fyre Festival is still one of the most famous disasters in history.
After spending tens of thousands of dollars to attend the event, the attendees left destroyers to reach an island in the Bahamas that lack food, water and residence- not to mention the musical works that were withdrawn at the last minute.
This catastrophe was amplified by social media, as the indignation influencers share their anger after they entered the great Exuma expecting a lifetime party.
Instead of the promised luxury villas, the festivals pioneers were received through the re -exposed FEMA.
It has been flooded by the global -level food attractiveness, and ticket holders found themselves offering cold cheese sandwiches in foam containers.
Despite the amazing failure, Pelly told the United States newspaper exclusively in an interview that he had the reasons for trying the event for the second time.
“This is the most tangible way to pay 26 million dollars in which he was convicted, and it has real partners that provide an opportunity in the five years to the next seven, to pay 26 million dollars,” Billy said.
“Unfortunately, no one offers me $ 26 million to work elsewhere.”
The convicted criminal, who faced charges of misleading his investors, went on to say that he is completely benefiting from the reputation of a reputation.
“We are literally the most music festival in the world. We have mentioned three times the large number of Kochilla, and it is second and there is a significant decrease after that.
“It is an incredible opportunity to direct that shipment to the storm and embrace everything that happened.”
“For those present, the partners sitting on stage, Fyre Festival 2 is about being a dreamer,” said Billy, who appeared at the Playa Del Carmen press conference on a TV.
“Being a traveler and being a student of adventure around the world, or converging in Playa Del Carmen to live like Jack Sparrow, or live like Lara Croft for 3 days.”
The organizers stated that they were planning to accommodate 1,800 attendees and promised 40 live shows.
Although they stated that they were not ready to reveal the squad for artists, they confirmed that a social media update will be shared later in the week.
However, as of Friday, April 4, such an advertisement has not been issued.
No payable amounts!
As we mentioned previously exclusively by the United States, the ticket agreement for attendance includes a series of disturbing responsibility for what buyers might face with their costly purchase.
Among the many warnings is a clear statement that says: “All ticket sales are final. There are no amounts or exchange.”
In 2018, McFarland admitted guilt for two charges of fraud in the Federal Court in Manhattan, admitting that he used fake documents to attract investors to contribute more than $ 26 million to his business.
Billy spent six years in prison for his crimes.
He agreed to deliver 26 million dollars and told the United States SUN that his plans for FYRE FEST 2 were part of his efforts to help pay satisfaction tools.
5
5
5
