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"McFarland's fraud was
a deliberate plan to deceive, motivated
by unadulterated greed." OVERLAPPING VOICES: "Whenever
he needed more money, he lied to investors."
"Lack of remorse." COMPUTERIZED VOICE:
"He did not feel that what he was
doing was wrong." JAKE: "Throughout this scheme,
McFarland causes losses "to at least 80
victim‐investors totaling more
than $24 million." ‐ We didn't break the law in
the execution of the festival
a deliberate plan to deceive, motivated
by unadulterated greed." OVERLAPPING VOICES: "Whenever
he needed more money, he lied to investors."
"Lack of remorse." COMPUTERIZED VOICE:
"He did not feel that what he was
doing was wrong." JAKE: "Throughout this scheme,
McFarland causes losses "to at least 80
victim‐investors totaling more
than $24 million." ‐ We didn't break the law in
the execution of the festival
Full Transcript
00:00:01.000 --> 00:00:03.672
"McFarland's fraud was
a deliberate plan
00:00:03.672 --> 00:00:07.471
to deceive, motivated
by unadulterated greed."
00:00:07.471 --> 00:00:09.183
OVERLAPPING VOICES: "Whenever
he needed more money,
00:00:09.183 --> 00:00:11.604
he lied to investors."
"Lack of remorse."
00:00:11.604 --> 00:00:12.816
COMPUTERIZED VOICE:
"He did not feel
00:00:12.816 --> 00:00:14.061
that what he was
doing was wrong."
00:00:14.061 --> 00:00:17.366
JAKE: "Throughout this scheme,
McFarland causes losses
00:00:17.366 --> 00:00:20.832
"to at least 80
victim‐investors
00:00:20.832 --> 00:00:24.547
totaling more
than $24 million."
00:00:24.547 --> 00:00:29.557
‐ We didn't break the law in
the execution of the festival.
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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.