NEW YORK — Billy McFarland, the convicted founder behind 2017's Fyre Festival, which rocked social media, is apologizing for his role in controversial music festival.
"I need to apologize. And that is the first and the last thing that needs to be done," McFarland said."I let people down. I let down employees. I let down their families. I let down investors. So I need to apologize. I'm wrong and it's bad."
"I started lying to get the money and I would literally wake up every day to a document that we called, 'Urgent Payment Sheet.' And it had an amount of money that I had to acquire before the bank closed that day to stop the company from going underwater," he continued."So I was literally day-by-day doing whatever it took. And looking back, it was so incredibly stupid."
As chaos quickly ensued on the island and the event's failure went viral on social media, Fyre Festival co-founders McFarland and rapper Ja Rule were forced to cancel the event.
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