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    Government Accuses Disgraced Fyre Festival Founder Of Starting Another 'Sham' Company

    Billy McFarland was accused Tuesday of starting a fraudulent ticket-selling venture while out on bail, just months after his disastrous Fyre Festival event made headlines.
    by Andrew Flanagan Jun 13, 2018 2 minutes
    Billy McFarland in July 2016 in Water Mill, N.Y. After pleading guilty in March to criminal fraud related to his 2017 Fyre Festival, McFarland was accused of yet another event scam on Tuesday.

    Billy McFarland, co-founder of 2017's disastrous Fyre Festival, was scheduled to be sentenced next week after pleading guilty in March to defrauding 80 investors in that event of $24 million, among other charges.

    "I deeply regret my actions, and I apologize to my investors, team, family and McFarland as telling the judge in that case the day he pled guilty.

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