Here’s what Fyre Festival attendees thought they were getting when they bought $1,200 tickets — and here’s the reality at the center of an FBI investigation

Fyre Festival organizers Billy McFarland and Ja Rule are already facing several major lawsuits after attempting to put on a music festival in the Bahamas, only to have it collapse before it began.

According to a new report in The New York Times, the cofounders of Fyre Media, who put on the event, are now facing a criminal investigation by the US attorney’s office for the Southern District of New York and the FBI. Investigators are reportedly looking into allegations of possible mail, wire, and securities fraud.

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Source : BusinessInsider.Com