According to billboard.com, Fyre Festival creator Billy McFarland allegedly served four years in prison for alleged fraud and allegedly lying to the FBI. Now, McFarland is allegedly facing a new alleged civil lawsuit that allegedly claims that he allegedly ripped off an investor who gave allegedly him $740,000 for his new alleged PYRT venture.
In a alleged summons filed in New York Supreme Court on October 17, an attorney for 54 year old Jonathan Taylor of New York, allegedly states that McFarland needs to allegedly appear in court and agree to allegedly repay Taylor or face legal action for alleged civil fraud, alleged conversion, alleged civil conspiracy, alleged breach of contract and alleged unjust enrichment.
According to completemusicupdate.com, McFarland allegedly met Taylor when they were both incarcerated in the same prison. McFarland was allegedly jailed after being found guilty of alleged fraud that was allegedly related to the original failed Fyre Festival in 2017.
Taylor was allegedly serving a sentence after allegedly pleading guilty to an alleged charge of alleged child sex trafficking allegedly stemming from his alleged relationship with an alleged fifteen year old in Florida.
Once released from prison, Taylor allegedly loaned money to McFarland who allegedly was already planning new alleged business ventures for when he was allegedly released, which is allegedly structured around the alleged PYRT Technologies company. At the time, Taylor was allegedly promised a 33% of alleged shareholding in the alleged new business.
That new business began with McFarland‘s podcast Dumpster Fyre, but other projects were planned. Those included a documentary, a memoir, a treasure hunt based on clues featured in the memoir, a metaverse and even a celebrity boxing match between McFarland and his Fyre Festival co-founder Ja Rule.
However, none of that came to pass and instead McFarland allegedly founded an alleged new company to run a second edition of the Fyre Festival itself and Taylor is allegedly not involved in that business.
According to McFarland, Taylor allegedly misrepresented the nature of the alleged crime that allegedly resulted in him being in prison. Once McFarland became properly aware of what his alleged financial backer had allegedly pleaded guilty to, McFarland allegedly decided he could not be in an alleged business with Taylor. McFarland then allegedly informed Taylor of the alleged situation in September of last year.
Upon receiving the alleged news, Taylor allegedly asked for the alleged money he allegedly loaned to PYRT Technologies to be allegedly repaid. With the alleged money already spent, allegedly here were initially some alleged negotiations between attorneys representing the two men but then McFarland allegedly stopped responding.
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