In this episode, we explore the chaotic career of Billy McFarland, the entrepreneur branded by Vanity Fair as the "poster boy for millennial scamming". We trace his rise from founding Magnises, a card-based club for elite millennials, to the infamous 2017 Fyre Festival, where attendees were promised luxury villas but arrived to find tents and pre-packaged sandwiches. We discuss the massive fallout, including his guilty plea for wire fraud after defrauding investors of over $26 million and his six-year prison sentence.

The episode also covers McFarland’s life after his 2022 release, including his pivot to a new venture called PYRT and the audacious announcement of Fyre Festival II. We examine the bizarre details of the proposed sequel, which sold tickets for as much as $1.1 million despite an investigation revealing its GPS coordina ...