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In July of that 12 months, McFarland was arrested and charged over his alleged “reference to a scheme to defraud traders,” with his firm Fyre Media LLC, prosecutors mentioned on the time, and “a associated entity chargeable for organizing a music competition.”
In March 2018, he pled responsible to 2 counts of wire fraud in federal court docket, leading to a six-year sentence. Per NBC Information, during his sentencing, McFarland apologized for his position within the fiasco, admitting that he made “choices that have been a slap within the face to all the pieces my household tried to show me.”