Subscribe Now

travelers today

Home » Travel Culture

A $100 Million Class-Action Lawsuit For Fraud Filed By Fyre Festival Victims

Travelers Today       By    Florette A.

Updated: May 24, 2017 11:42 AM EDT

Text Size: A A A

Angry victims of the much-publicized Fyre Festival have pooled their resources together to run after the organizers of the canceled event. A $100 million class-action case was initially filed by lawyer Mark Geragos days after the traumatic festival.

At present at least 300 victims responded to Geragos' call to get together to file a strong case against the organizers, according to News. The case was for fraud and the documents state that the event was no less than the get- rich-quick scam similar to the Ponzi scheme. The scheme that deluded victims to invest and earn big has jeopardized the small fortunes and the lives of the victims that came to the Exuma Island on the day of the supposed Fyre Festival.

What awaited them were an unfinished construction site, no adequate accommodation, food, and water. The participants experienced trauma being stranded on a dusty island with no money as the festival was promoted as a cashless event. The airport was filled with angry passengers wanting to go home and forget about the whole mess but have to endure long queues just to board a plane.

The Fyre Festival promo was done by models Kendall Jenner, Bella Hadid, and Hailey Baldwin has announced that rockers Blink-182, electronic music trio Major Lazer and hip-hop act Migos will be headlining the event that promises two weekends of fun, music, and food. The ticket packages ranged from $1,200 to over $100,000.

The investors Billy McFarland, rapper Ja Rule, and Fyre Media Inc. were among the respondents in the lawsuit. Stacey Richman, Ja Rule's counsel said that his client will not participate in any fraudulent transaction. McFarland did not release a statement about the case.

He apologized for what happened and justified the situation. McFarland said that they did not expect the massive response of the public that they have to build a bigger venue but were unable to finish it in time for the festival. He also offered refunds for the tickets and promises a VIP pass for next year's event. The Fyre Festival that will be organized next year has a very limited chance of being successful after what happened this year.

A.V. Club reported that the Federal Bureau of Investigation (FBI) is now investigating the incidents surrounding the failed event. The U.S. Attorney's office was tasked to investigate on possible mail, wire, and securities fraud for the Southern District of New York and the FBI.

See Now: The U.S. had the highest number of Most Wanted properties, dominating the Hotels.com Loved By Guests Awards 2018

Tags
fyre festival, Bella Hadid, kendall jenner, ja rule
© 2023 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Most Popular

6 Tips For Traveling With Young Children

6 Tips For Traveling With Young Children

Planning for a trip takes some time, even if it's just you g

How Traveling Can Make You Happy

How Traveling Can Make You Happy

If you have never traveled before but are thinking of doing so then

Scottish Islands: The Best Places to Reside!

Scottish Islands: The Best Places to Reside!

So there are a few islands that can be found off the Sco

How to Plan a Multi-Destination Honeymoon During COVID

How to Plan a Multi-Destination Honeymoon During COVID

You need to know how to plan appropriately and

7 Tips for Amazing Campus Visits

7 Tips for Amazing Campus Visits

A campus visit's significance could not be overstated. After all, fo

4 Tips For Curating The Perfect Gallery Wall

4 Tips For Curating The Perfect Gallery Wall

Having a gallery wall brings plenty of benefits to your

Water Travel Options That Don’t Involve a Cruise

Water Travel Options That Don’t Involve a Cruise

There is something equally relaxing and invigorati

Photo by Erik Odiin on Unsplash

Things That Will Help Cost-Conscious Vacationers Save Money

There are several ways you can significan

Photo by Mikhail Nilov from Pexels

How to Make Vet Visits Affordable in 2022

If the situation is minor, you might be lucky and get away

Photo by Tim Samuel from Pexels

Know Your Florida Driving Rules

There is so much to do in the region, but we want to focus on some of

Photo by Ging Ang from Pexels

Holidaying in your own Country: Try these Fun Trips!

Many countries are opening their borders, but if

Photo by Jessica Lewis Creative from Pexels

The Best Tech Tools for Expats

Here’s a quick look at most versatile tech tools for expats on the m

Photo by Tobi from Pexels

How to Turn a Road Trip Into A Luxury Adventure

But a road trip doesn’t have to mean living on the

Australian Citizenship Test: Everything You Need to Know

Australian Citizenship Test: Everything You Need to Know

Do you want to become a citizen of Australia

Hair transplant Istanbul: Why is it so popular?

Hair Transplant Istanbul: Why is it so Popular?

Getting a hair transplant in Istanbul is affordable i

What’s Going on with Rental Cars Right Now?

What’s Going on with Rental Cars Right Now?

They are incredibly expensive, and they’re also in sh

Role of Professional companies in International Trade

Role of Professional companies in International Trade

International trade holds great importance in a

The 5 Best Wines from Germany

The 5 Best Wines from Germany

Riesling is Germany’s best-known wine, but the country makes other fi

Here's Why You Should Go Camping On Weekends

Here's Why You Should Go Camping On Weekends

There is nothing like the great outdoors –– natureâ€

The Best Tote Bags To Travel With in 2022

The Best Tote Bags To Travel With in 2022

Who knew you could pack your entire life away into one litt

7 Captivating Attractions for Kids in San Diego

7 Captivating Attractions for Kids in San Diego

San Diego is a magnificent place, and it would not be

travelers today

© 2023 TRAVELERS TODAY All rights reserved.

Subscribe to our newsletter
Real Time Analytics