A bankruptcy court is trying to work out where McFarland's payments went
Model agencies that work with supermodels Hailey Bieber, Bella Hadid and Emily Ratajkowski may have subpoenas issued to them over payments alleged to have been made by Fyre Festival fraudster Billy McFarland.
Hadid and Bieber were among a host of supermodels who starred in a promotional video for the disastrous 2017 “luxury” Bahamas festival. Influencer Kendall Jenner helped promote the event via social media.
As Billboard reports, the potential summons are part of a broader effort to establish what happened to the $11.3 million paid out by McFarland, the festival’s co-founder, ahead of the festival’s run dates. According to officials, McFarland raised $26 million from investors overall.
Yesterday (January 26), Gregory Messer, the trustee overseeing the bankruptcy of Fyre Media, asked a judge for fresh subpoenas for the models and social media influencers who helped promote the festival.
Messer claims that IMG Models, who represent models including Hadid and Bieber, received payments of $1.2 million from McFarland between November 2016 and February 2017.
Additionally, Messer is searching for evidence of a $250,000 payment made to Jenner in January 2017.
Four months later, Jenner shared on Instagram the news that some members of Kanye West’s G.O.O.D Music family would be performing at the festival but she did not flag this as a sponsored post. She has since deleted the post.
Meanwhile, a judge has green-lit subpoenas for talent agencies including Paradigm for information on $1.4 million in payments for artists booked to play Fyre Festival. Some of the artists advertised on the festival bill included Major Lazer, Blink-182 and Disclosure.
McFarland is currently serving a six-year jail sentence for multiple counts of fraud, including for the failed festival.