Festival organiser pleads guilty to fraud as trustee begins examinations in Chapter 7 case

Festival organiser pleads guilty to fraud as trustee begins examinations in Chapter 7 case

The organiser of “disastrous” Bahamian music festival Fyre Festival has pleaded guilty to defrauding investors and a ticket vendor, seven months after the company that promoted the event was placed into Chapter 7 bankruptcy following pressure from disgruntled lenders.

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