{"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":"
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