HOLLYWOOD HILLS—Kendall Jenner has agreed to pay $90,000 after promoting a failed Fyre Festival that never took place.
The Fyre Festival was intended to be a music festival founded by Billy McFarland, CEO of Fyre Media Inc, and rapper Ja Rule. The festival was scheduled to take place on from April 28 thru April 30, 2017 and May 5 thru May 7, 2017, on the Bahamian island of Great Exuma. After being promoted by big names such as Jenner, Bella Hadid, and others, the festival was postponed indefinitely due to issues with security, food, accommodations, medical services and artist relations. Patrons were promised luxury villas and gourmet meals after paying thousands of dollars for it, but received prepackaged sandwiches and FEMA tents instead.
According to the trustee in the Fyre Festival bankruptcy case, Jenner was paid $275,000 to promote the festival. The trustee claimed that the money constituted a fraudulent transfer because she was paid to promote a festival the organizers could never pull off.
Jenner agreed to pay the $90,000 to the trustee, who sued to recover some of the money that the creditors for the festival lost. The judge has yet to sign off on the terms of Kendall’s settlement. In October 2018, McFarland was sentenced to six years in prison and ordered to forfeit US $26 million for the fraudulent festival which never took place.
