MacFarland was charged Tuesday in NY with one count of wire fraud and one count of money laundering.
We're told the documentary crew behind Hulu's upcoming Fyre Festival docuseries, being produced by Cinemart, has been following McFarland's hearings.
Fyre Festival was one of the biggest flops in the history of music festivals. Authorities say McFarland was conducting the scheme even after he pleaded guilty to wire fraud and misleading Fyre Media's investors.
According to the U.S. Attorney, around March 2018 McFarland owned "NYC VIP Access", a company that purported to sell tickets to high profile events, but in reality no tickets existed. They say the 26-year-old McFarland went on to sell fraudulent tickets totalling nearly $100,000 to various events.
He has been charged with one count of wire fraud and one count of money laundering.
McFarland is accused of running a sham business called NYC VIP Access from late 2017 up until March 2018. Both carry sentences of up to 20 years in prison. He tricked at least 15 people into buying the nonexistent tickets.
The Fyre Festival garnered national headlines in April 2017 after being advertised as an idyllic getaway to the Bahamas, complete with gourmet food, luxury accommodations, performances by Ja Rule and Blink-182.
McFarland pleaded guilty in connection to the Fyre Festival fiasco on March 6 to one count of wire fraud after defrauding over 80 investors out of $24 million, and another count of wire fraud for lying to the company selling tickets, which took over $2 million in losses, according to the Southern District of NY.
Gorenstein, noting that McFarland would likely face an additional two years or so in prison if he is convicted in the new case, said that if he is freed on bail in the Fyre Festival case, he'll face a $1 million bail on the new charges.