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It was about $57,000 total
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Fyre Fraud

It was about $57,000 total

It was about $57,000 total

Full Transcript

00:00:01.000 --> 00:00:05.677
It was about $57,000 total.
Duration
6 seconds
Views
18
Timestamp in Movie
00:58:15
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.
Even worse, he alleged that he owned Facebook shares - Fyre Fraud 00:08
Even worse, he alleged that he owned Facebook shares
In reality, he had over 1,000 bucks in there. - Fyre Fraud 00:05
In reality, he had over 1,000 bucks in there.
And after Billy submitted these doctored loan documents, - Fyre Fraud 00:09
And after Billy submitted these doctored loan documents,
‐ [laughing] - Fyre Fraud 00:07
‐ [laughing]
Let's go Jet‐Skiing." - Fyre Fraud 00:23
Let's go Jet‐Skiing."
‐ [scoffs] Like, what are you gonna‐‐ - Fyre Fraud 00:04
‐ [scoffs] Like, what are you gonna‐‐
BEN: He could sit in the cannonball - Fyre Fraud 00:19
BEN: He could sit in the cannonball
There was an urgent email about the bathrooms‐‐ - Fyre Fraud 00:10
There was an urgent email about the bathrooms‐‐
The quote is, "Well, nobody's eating, - Fyre Fraud 00:13
The quote is, "Well, nobody's eating,
Who the fuck orders 2‐million dollars' worth - Fyre Fraud 00:05
Who the fuck orders 2‐million dollars' worth
I was like... - Fyre Fraud 00:04
I was like...
‐ So then Billy took out this loan - Fyre Fraud 00:05
‐ So then Billy took out this loan
POLLY: Ezra Birnbaum gives a loan for $3 million. - Fyre Fraud 00:04
POLLY: Ezra Birnbaum gives a loan for $3 million.
The loan had a maximum interest rate of 120%. - Fyre Fraud 00:05
The loan had a maximum interest rate of 120%.
The interest on the loan amounted to $600,000 - Fyre Fraud 00:07
The interest on the loan amounted to $600,000
He needed to make a payment of $1/2 million within 16 days. - Fyre Fraud 00:06
He needed to make a payment of $1/2 million within 16 days.
And, you know, if I signed something - Fyre Fraud 00:11
And, you know, if I signed something
DAVE: But about a week before the festival was to take place, - Fyre Fraud 00:09
DAVE: But about a week before the festival was to take place...
The email said, "This is a cashless event, - Fyre Fraud 00:17
The email said, "This is a cashless event,
SETH: The directions in the email - Fyre Fraud 00:05
SETH: The directions in the email