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The founder of the disastrous Fyre Festival has been arrested on federal wire fraud charges.
Billy McFarland was arrested Friday. Federal prosecutors accused McFarland of promising a "'life changing' music festival," when instead he delivered "a disaster."
"McFarland allegedly presented fake documents to induce investors to put over a million dollars into his company and the fiasco called the Fyre Festival," the US Attorney for the Southern District of New York said in a statement. "Thanks to the investigative efforts of the FBI, McFarland will now have to answer for his crimes."
The Fyre Festival was scheduled to take place in April, but quickly descended into chaos. Attendees, who had paid high ticket prices to attend what was supposed to be a luxurious event, instead up ended in natural disaster-style tents and in some cases were left stranded.
This is a developing story. Check back soon for updates and follow @BuzzFeedNews on Twitter.
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