Fyre Festival organizer Billy McFarland pleaded not guilty to fraud charges stemming from the April event -- dubbed as a luxury music extravaganza in the Bahamas -- that turned into a weekend of chaos.
The festival collapsed with concertgoers finding "luxury" accommodations were actually disaster-relief tents and instead of gourmet food they were fed cheese sandwiches. McFarland was first arrested on June 30 on charges that he defrauded investors who bought a $1.2 million stake in Fyre Media. Authorities said McFarland provided false documents which inflated Fyre’s revenue. He’s free on bail.