Kendall Jenner to pay $90k to steer clear of Fyre Festival ticket fraud after receiving $250k for Instagram post
Kendall has agreed to pay the trustee in the Fyre Festival bankruptcy case after she was accused of accepting money, which constituted a fraudulent transfer
Kendall Jenner, who was paid $250,000 for promoting the fraudulent luxury music event Fyre Festival in 2017 on Instagram through a post which has been since deleted, has now agreed to pay $90,000 to wash her hands off the fiasco. Besides Kendall, the event was also promoted by other notable models and special media influencers, including Bella Hadid, Hailey Baldwin and Emily Ratajkowski.
According to TMZ, Kendall has agreed to pay the trustee in the Fyre Festival bankruptcy case after she was accused of accepting money, which constituted a fraudulent transfer, as she promoted an event that never pulled off.
Created by the CEO of Fyre Media INC and rapper Ja Rule, the 2017 music event was advertised with the intention to promote the company’s official app for booking music talent. The event, which was initially postponed indefinitely, got canceled later, becoming one of the biggest scandals of the year. The organizers became subject of at least eight lawsuits, which accused them of defrauding ticket buyers.
Mesmerized by the luxury getaway the event was offering, hundreds and thousands of music fans spent anywhere between $1,200 and $100,000 to be a part of the Fyre Festival. However, on reaching the Caribbean island, they were made to sleep in tents and the food served included cheese sandwiches instead of high-class gourmet as promised earlier.
Although Kendall as agreed to pay a huge chunk to settle the lawsuit, the judge is yet to sign off on the terms, according to TMZ. The Victoria’s Secret model was sued by the US Bankruptcy Court in New York in August 2019. The court is trying to recover the money of the investors in the Fyre Festival, which is alleged to be around $27 million.
Owing to the image the fraudulent event had created of itself, two documentaries were also made on the same in 2019.
‘Fyre Fraud’ by Jenne Furst and Julia Willoughby released on January 14, 2019, on Hulu. Another titled ‘Fyre’ was released by Netflix on January 18, 2019. It was helmed by Chris Smith and features interviews with event organizers and festival attendees.