NME:
One of the men responsible for April’s disastrous Fyre Festival was arrested in New York City on Friday.
Billy McFarland, 25, is charged with wire fraud after allegedly defrauding investors in Fyre Media, his company. […] Explaining McFarland’s arrest, US Attorney Joon Kim said that he had allegedly shown fake documents to investors to encourage them to put more than $1 million into both Fyre Media and Fyre Festival. Ja Rule, the company’s co-founder, has not been arrested.