Question of the Week - Did Fyre Festival Founder Billy McFarland Get the Punishment He Deserves?
The SEC announced on Tuesday that Fyre Festival founder Billy McFarland, two of his companies, a former senior executive, and a former contractor have agreed to settle SEC charges of defrauding more than 100 investors out of $27.4 million. Fyre Festival, promoted as a “life-changing
,” luxury music festival in the Bahamas, is now infamous for collapsing into chaos on its inaugural weekend. The SEC alleged that...