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The interest on the loan amounted to $600,000
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Fyre Fraud

The interest on the loanamounted to $600,000 in three months

The interest on the loan
amounted to $600,000 in three months

Full Transcript

00:00:01.000 --> 00:00:04.632
The interest on the loan amounted to $600,000
00:00:04.632 --> 00:00:06.511
in three months.
Duration
7 seconds
Views
29
Timestamp in Movie
01:00:35
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 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
"We recommend at least $300 per day." - Fyre Fraud 00:09
"We recommend at least $300 per day."
I've never planned a music event before." - Fyre Fraud 00:12
I've never planned a music event before."
MAN: Did the decision to make the wristbands - Fyre Fraud 00:09
MAN: Did the decision to make the wristbands
‐ Uh... - Fyre Fraud 00:04
‐ Uh...
DAVE: Our reporting found - Fyre Fraud 00:07
DAVE: Our reporting found
DIALLO: And I remember one day in particular, - Fyre Fraud 00:09
DIALLO: And I remember one day in particular,
[dramatic music] - Fyre Fraud 00:10
[dramatic music]
‐ Seven days in advance, - Fyre Fraud 00:07
‐ Seven days in advance,
I could say, "I'm scared." - Fyre Fraud 00:08
I could say, "I'm scared."
FELIX: It was chaos. At the end, I was like, - Fyre Fraud 00:04
FELIX: It was chaos. At the end, I was like,
I'm getting a flight out of here." - Fyre Fraud 00:04
I'm getting a flight out of here."
‐ Just chaos and anarchy. - Fyre Fraud 00:05
‐ Just chaos and anarchy.
FELIX: The night before, we worked through the night. - Fyre Fraud 00:07
FELIX: The night before, we worked through the night.
It's, like, 3:00 a.m. at this point - Fyre Fraud 00:05
It's, like, 3:00 a.m. at this point
It was, like, hours before the first people - Fyre Fraud 00:04
It was, like, hours before the first people