California Man Admits to Faking Red Hot Chili Peppers Connection in Concert Fraud
A Berkley, California man has pleaded guilty to a fraud scheme where he misrepresented his affiliations with the Red Hot Chili Peppers rock group to would-be concert promoters, and now faces up to a maximum of 20 years in prison, according to coverage in the San Francisco Gate newspaper.... Read more
Dallas Promoter Pleads Guilty to Wire Fraud
Gabriel Reed, a promoter based out of Dallas, Texas and West Hollywood, pleaded guilty earlier this week to one count of wire fraud after defrauding investors, performers, and promoters who invested in rock concerts and World Wrestling Entertainment events, according to Law Fuel. Reed, 46, operated his business for... Read more
Fyre Festival’s Billy McFarland Pleads Not Guilty to Fraud
Billy McFarland, whose name rose to infamy after the implosion of Fyre Music Festival this spring, has pleaded not guilty to charges of fraud in the United States District Court in Manhattan on Monday, according to The New York Times. On top of a slew of civil and federal... Read more
Gambling Debts Drove “Boomer & Carton” Co-Host to Alleged Fraud
Extensive gambling debts drove WFAN sports talk radio personality Craig Carton – half of the popular “Boomer & Carton” program with former NFL QB Boomer Esiason – into a ticketing Ponzi scheme that defrauded investors of millions, according to multiple reports. Deadspin, citing documents filed by the Securities and... Read more
Fyre Festival’s Billy McFarland Arrested in New York
Already facing a number of lawsuits related to the implosion of the Fyre Festival earlier this year, Billy McFarland was arrested on Friday by federal authorities and charged with one count of wire fraud. According to a release from the U.S. Attorney’s office in New York, he made false... Read more