Fyre Festival Promoter Billy McFarland Pleads Guilty To Fraud
The man behind a promised luxury music event in the Bahamas admits defrauding investors and faces federal prison time as well as many civil lawsuits.
Concert promoter Billy McFarland, who promised to stage a "life-changing" Caribbean music festival in the Bahamas last year and instead presided over a fiasco, pleaded guilty to two counts of wire fraud and faces up to a decade
