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He's securing services
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Fyre Fraud

He's securing services by promising vendorswire transfers

He's securing services by promising vendors
wire transfers

Full Transcript

00:00:01.000 --> 00:00:02.503
He's securing services
00:00:02.503 --> 00:00:05.008
by promising vendors wire transfers.
Duration
5 seconds
Views
31
Timestamp in Movie
00:50:44
Uploaded
Jun 10, 2025
Genres
documentary
Production
Mic,Billboard,The Cinemart

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Movie Summary

Concert promoters and rapper Ja Rule advertise a high-end festival experience that fails spectacularly when they don't plan for the infrastructure to support the venue, artists and guests.
He's sending screenshots of a confirmation page - Fyre Fraud 00:09
He's sending screenshots of a confirmation page
All these really big artists - Fyre Fraud 00:07
All these really big artists
‐ And the information I'm getting from them is, - Fyre Fraud 00:17
‐ And the information I'm getting from them is,
CALVIN: So I'm watching this thing unfold from afar, - Fyre Fraud 00:17
CALVIN: So I'm watching this thing unfold from afar,
CALVIN: The Fyre app is a booking app - Fyre Fraud 00:12
CALVIN: The Fyre app is a booking app
You'd swipe right and make an offer on Coldplay, - Fyre Fraud 00:14
You'd swipe right and make an offer on Coldplay,
A very dear friend sent me a term sheet - Fyre Fraud 00:06
A very dear friend sent me a term sheet
It was for a significant amount of money‐‐ - Fyre Fraud 00:07
It was for a significant amount of money‐‐
But he was just indicating that - Fyre Fraud 00:08
But he was just indicating that
And that's really when it turned from something - Fyre Fraud 00:11
And that's really when it turned from something
And so at this point, - Fyre Fraud 00:07
And so at this point,
So I called Comcast Ventures, and I said, "Look, - Fyre Fraud 00:06
So I called Comcast Ventures, and I said, "Look,
"Promise me that you won't write a check to this company - Fyre Fraud 00:12
"Promise me that you won't write a check to this c...
And the more money people were spending on this thing, - Fyre Fraud 00:20
And the more money people were spending on this thing,
The guy would start talking to other people - Fyre Fraud 00:06
The guy would start talking to other people
And I think everyone in the room kind of had, like, - Fyre Fraud 00:15
And I think everyone in the room kind of had, like,
People are like, "Eh, someone will figure it out." - Fyre Fraud 00:07
People are like, "Eh, someone will figure it out."
If people are drunk, - Fyre Fraud 00:04
If people are drunk,
They didn't even think, like, "Maybe we need a fence." - Fyre Fraud 00:13
They didn't even think, like, "Maybe we need a fen...
"this could actually be, like, a failure, I think. - Fyre Fraud 00:05
"this could actually be, like, a failure, I think.