Monday, May 22, 2017

FBI Investigating Ja Rule Fyre Fest


Last month Ja Rule apologized to concert goers who were stranded in the Bahamas for his failed Fyre Music Festival [click here if you missed that].

Now The Feds are getting involved...

From The NY Times
The endeavor has become the focus of a criminal investigation, with federal authorities looking into possible mail, wire and securities fraud, according to a source with knowledge of the matter, who was not authorized to discuss it. The investigation is being conducted by the United States attorney’s office for the Southern District of New York and the F.B.I.; it is being overseen by a prosecutor assigned to the complex frauds and cybercrime unit. (A spokesman for the United States attorney’s office and a spokeswoman for the F.B.I. declined to comment.)
Ja Rule was Fyre’s famous face, but at the center of the controversy is Mr. McFarland, a brash, 25-year-old entrepreneur with a gift for networking and buzzy social media. In his short career, he has persuaded people, over and over, to buy or invest in whatever he was selling, leaving behind a trail of aggrieved customers and business partners. He could be the Wolf of Wall Street for the selfie set, or Gatsby run through an Instagram filter.