Awaiting sentencing, Fyre Festival promoter arrested again

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Awaiting sentencing, Fyre Festival promoter arrested again

Speaking in a statement, FBI Assistant Director-in-Charge William F. Sweeney Jr. said: "Today's charges depict our intolerance for such fraudulent activity, and we will continue to diligently investigate acts such as this".

Prosecutors said McFarland, 26, began running the scheme late previous year, several months after his arrest for defrauding Fyre investors out of $26 million.

Billy McFarland, center, accompanied by his attorney Randall Jackson, left, leaves federal court after pleading guilty to wire fraud charges, Tuesday, March 6, 2018, in NY.

The promoter of a failed music festival in the Bahamas who is awaiting sentencing on fraud charges was arrested on new fraud charges Tuesday, leading a judge to order his detention.

Back in March, Billy McFarland pled guilty to two counts of federal wire fraud in connection to the Fyre Festival scandal.

McFarland allegedly began running the ticket scheme in late 2017 - just months after his June 2017 arrest for defrauding Fyre Media investors out of $24 million. An attorney for McFarland did not immediately respond to Variety's request for comment. The company purported to sell "bogus" tickets to high-profile events like the 2018 Met Gala, Coachella 2018, the 2018 Grammy Awards, and Burning Man 2018.

McFarland allegedly targeted Fyre Festival customers and then laundered the fraud proceeds to "others' financial accounts in an effort to hide his ownership and control of the funds".

"The weight of the evidence here is quite strong", Greenberg said. Ticket-buyers reportedly then didn't either receive the tickets they paid for or didn't receive the tickets that were advertised.

Because of the new complaint, the government has asked the judge in McFarland's other criminal case - the one he pled guilty to in March - to suspend the sentencing scheduled for next week until it can amend its pre-sentencing report. Each carries a maximum sentence of 20 years behind bars.

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