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Fyre festival merch is being auctioned off and the proceeds are going to those who were scammed

Published by Business Insider on Tue, 19 Mar 2019


Two boxes worth of Fyre Festival merch is being auctioned off, and the proceeds will go to the attendees and workers who were scammed.It will only go some of the way to pay back the millions owed, so each person will get a percentage based on their respective losses.The main objective is to get "funds back to the victims as fast as we can," said a spokesperson at the United States Marshals Service Manhattan office.Attendees and workers alike may have been swindled by Billy McFarland's failed Fyre Festival, but they might have the chance to get some compensation from the sale of leftover merch.Those who bought tickets to the now notorious event were promised gourmet food and beach houses, and instead got disaster shelters and cheese sandwiches. Business owners and staff in the Bahamas were severely affected too, saying they were never paid for their time.But, according to Vulture, there are two boxes of authentic Fyre Festival merch at the United States Marshals Service Manhattan office, and the assortment of clothing is going to be auctioned off to pay some of the people who were cheated."We have an assortment of the 'real thing,'" a spokesman told Vulture. "We know that there is tremendous interest in these items in the NY metro area in particular."He added that the main objective is to get "funds back to the victims as fast as we can."Read more: People have raised over $160,000 for a Fyre Festival caterer who was left broke after using her own life savings to pay staffMcfarland is currently serving six years in prison for his various scams, including swindling Fyre investors out of around $24 million. He also apparently made $150,000 from fraudulent ticket sales.The proceeds from the merch will never reach the amount he owes to investors, workers, and festival-goers, so victims would get a percentage "based on their respective losses," prosecutors said.In the promo video for Fyre Festival, models were seen in the Bahamas, advertising the "remote and tropical" island where guests would experience "the best in food, art, music, and adventure."Many influencers were paid to promote the festival by posting an orange tile on their social media feeds to get people talking.It isn't yet known how much they all received for their involvement, although Kendall Jenner reportedly received $250,000 for one Instagram post, which she has since deleted.On "The Late Late Show with James Corden" on February 6, Hailey Baldwin was asked how much money she'd received to be part of the festival. She said: "I'm not going to share, but it made for a very generous donation to charity."Join the conversation about this storyNOW WATCH: There's a secret room behind Mount Rushmore that's inaccessible to tourists
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