Started By
Message

re: Fyre Fraud Documentary - Hulu and Netflix. Fyre Festival Scam

Posted on 1/23/19 at 4:11 pm to
Posted by bluemoons
the marsh
Member since Oct 2012
5532 posts
Posted on 1/23/19 at 4:11 pm to
quote:

There is literally an area of the island known as "Rolle Town". Rolle is definitely a big name down there.


Indeed . I think you know from the OB that I frequent the area a good bit, but I think every island I've traveled to has had a "Rolleville" or "Rolletown." Great Exuma actually has both hah.

quote:

IIRC, that guy had known Billy for awhile and generally thought of him well. Billy did a good job of making himself appear legit to the outside world.

I think the people that were close to Billy / worked for Fyre were all just caught up in the startup mentality. A lot of startups are very cultlike in the initial stages and people follow their leaders not always seeing the big picture. Most of them are young and really don't know right from wrong or have the balls to really standup to their bosses.

Billy also did a "good" job of keeping the people who were marketing the festival away from the operations side of it so that word didn't really get out just how big of a mess it was going to be


This may be a generational thing, but the taboo surrounding asking people where their money/capital is coming from should stop as soon as business is involved. It's like they were afraid to ask Billy how he was just randomly showing back up to the island with millions of dollars in cash.

It was also shocking to me that someone as sophisticated as Carola Jain got hooked into the whole scheme. Her husband was literally the head of Credit Suisse's asset management division and he's a very well-regarded hedge fund manager.
This post was edited on 1/23/19 at 4:12 pm
Posted by Napoleon
Kenna
Member since Dec 2007
69357 posts
Posted on 1/24/19 at 12:33 pm to
The Hulu one shows him sign a loan shark deal with 50% payment due in two weeks and $600k interest on $2m loan.
Ouch
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram