Failed festival Founder arrested for fraud drives a â¹71L car
Billy McFarland, Founder of the failed Fyre Festival revealed in a hearing that he drives a $110,000 (over â¹71 lakh) Maserati car and rents $21,740-a-month (over â¹14 lakh) penthouse in New York. At the time of arrest he was holding over $5000 (â¹3.2 lakh) in cash. He was arrested on Friday for defrauding investors of millions of dollars.