U.S. Marshals put Fyre Festival merchandise up for auction

NEW YORK — More than three years after the highly publicized Fyre Festival famously fizzled out in the Bahamas, merchandise and other “minor assets” are up for sale — courtesy of the U.S. Marshals Service.

In a release late last week, the U.S. Marshals announced that 126 items from the festival will be auctioned off, with proceeds going toward the victims of Billy McFarland.

McFarland  acknowledged defrauding investors of $26 million in the 2017 Fyre Festival and over $100,000 in a fraudulent ticket-selling scheme after his arrest in the scam. He was  sentenced to six years in prison in October 2018. Now 28, he’s serving his sentence at a low-security prison in Ohio, according to the Bureau of Prisons.

Among the mementos of that festival are sweatpants, shirts and tokens emblazoned with “a conspiracy to change the entertainment world.” As of Saturday, the lots ranged from $10 — the minimum bid for sets of two wristbands — to $300 for a baseball cap bearing the festival logo that had received 20 bids since the auction opened Thursday. At 36 bids, the most popular lot was an aqua blue hoodie featuring the flag of the Bahamas on the back and sleeves patterned with the logo.

The auction, run by Texas-based Gaston & Sheehan, ends Aug. 13.

from Boston Herald https://ift.tt/3gpEZe5