{"id":51549,"date":"2018-06-30T23:57:44","date_gmt":"2018-07-01T03:57:44","guid":{"rendered":"https:\/\/thatdope.com\/music\/fyre-festival-founder-loses-5-million-lawsuit\/"},"modified":"2018-06-30T23:57:44","modified_gmt":"2018-07-01T03:57:44","slug":"fyre-festival-founder-loses-5-million-lawsuit","status":"publish","type":"post","link":"https:\/\/thatdope.com\/music\/fyre-festival-founder-loses-5-million-lawsuit\/","title":{"rendered":"Fyre Festival Founder Loses $5 Million Lawsuit"},"content":{"rendered":"
\n

Following his recent arrest for a separate, alleged fraud issue, Fyre Festival founder Billy McFarland has been ordered to pay $5 million USD to two concertgoers.<\/p>\n

North Carolina residents Seth Crossno and Mark Thompson had only requested $25,000 when they first filed their lawsuit, but the judge ordered $1.5 million USD in \u201ccompensatory damages\u201d and 1 million USD in \u201cpunitive damages\u201d for each of them. As Vice<\/em> notes, these two stand as\u00a0the\u00a0\u201dfirst victims\u201d of the Fyre fiasco to \u201cobtain a judgement against McFarland.\u201d<\/p>\n

\u201cWe feel very satisfied,\u201d reads a quote from Crossno and Thompson\u2019s attorney, Stacy Miller. \u201cWe asked the court to send a message to those who defraud North Carolina consumers, and we believe he did.\u201d<\/p>\n

Ja Rule was also named in the original lawsuit, but the case against him was dropped after the pair reached an outside agreement with him. \u201cWe worked with [him] and his attorney and amicably decided to move on to other business matters,\u201d Seth Crossno reportedly explained.<\/p>\n

Next month, Billy McFarland is scheduled to have a sentencing hearing regarding two counts of wire fraud.<\/p>\n<\/p><\/div>\n

Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following his recent arrest for a separate, alleged fraud issue, Fyre Festival founder Billy McFarland has been ordered to pay $5 million USD to two concertgoers. North Carolina residents Seth Crossno and Mark Thompson had only requested $25,000 when they first filed their lawsuit, but the judge ordered $1.5 million USD in \u201ccompensatory damages\u201d and 1 million USD in \u201cpunitive damages\u201d for each of them. As Vice notes, these two stand as\u00a0the\u00a0\u201dfirst victims\u201d of the Fyre fiasco to \u201cobtain a […]<\/p>\n","protected":false},"author":1,"featured_media":51550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[176,38],"yoast_head":"\nFyre Festival Founder Loses $5 Million Lawsuit<\/title>\n<meta name=\"description\" content=\"Following his recent arrest for a separate, alleged fraud issue, Fyre Festival founder Billy McFarland has been ordered to pay $5 million USD to two\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thatdope.com\/music\/fyre-festival-founder-loses-5-million-lawsuit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fyre Festival Founder Loses $5 Million 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