EXCLUSIVE: Billy McFarland's grand new scheme sounds even wilder than Fyre Fest
blamed an “unrealistic time frame”
McFarland, who still owes a whopping $26.3 million in restitution, said he’s paid $19,000 in eight payments since late August. “The public is advised that no application has been made to the Government of The Bahamas for consideration of any event promoted by Billy McFarland or any entity or parties known to be associated with him,” Deputy Prime Minister Chester Cooper said in a statement last month.As the organizer of the Fyre Festival, which Cooper called a “notorious charade,” the Bahamas will not endorse any event associated with McFarland.
“I got in trouble a couple of times for sure,” McFarland said, adding that he had the unauthorized device to keep notes for his eventual tell-all book. McFarland said he was astounded by the number of inmates conducting scams related to the Paycheck Protection Program — federal loans to help small businesses recover from the pandemic — while locked up. Since his own release, he’s had to “basically separate ties” with a lot of the jail crowd, he said.
Some tech experts contacted by The Post said they’re intrigued by McFarland’s PYRT project, but need to see more details.
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