Sweeney said in a statement, "McFarland allegedly went on to sell fraudulent tickets to many grand events, totaling nearly $100,000".
Brendan McDermid / Reuters Billy McFarland (left) sold almost $100,000 worth of fraudulent tickets in the several months since he's been free on bail, according to federal prosecutors.
McFarland is reportedly now facing a new set of charges connected to a post-Fyre Festival ticket scam. He's due to be sentenced this month after pleading guilty in March.
For the ticket scam, McFarland now faces a new count of wire fraud and one count of money laundering.
She said prosecutors were considering additional charges including bank fraud and an identity theft charge that would carry a mandatory two-year prison sentence upon conviction.
Assistant U.S. Attorney Kristy Greenberg called McFarland a financial threat to the community, saying he'd used the client list of the Fyre Festival to pitch a new ticket fraud that promised tickets to music, fashion and sporting events that he didn't possess and had no way of getting. 15 people allegedly bought tickets from the company, totaling $100,000.
McFarland was released on $300,000 bail in June 2017 after federal prosecutors accused him of giving investors fake documents to convince them to plow more than $1 million into his company and the Fyre Festival. The event was advertised on social media by Kendall Jenner, Bella Hadid and other high-profile social media influencers.
"William McFarland, already awaiting sentencing for a prior fraud scheme, allegedly continued to conduct criminal business as usual", United States Attorney Geoffrey Berman said in a statement. Each count faces up to 20 years in jail.
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