She said prosecutors were considering additional charges including bank fraud and an identity theft charge that would carry a mandatory two-year prison sentence upon conviction.
The festival's founder, Billy McFarland, didn't get away with whatever scam he tried to pulll scot-free.
Prosecutors say McFarland "provided prospective customers with contracts that falsely represented that NYC VIP Access had tickets to exclusive events in fashion, music, and sports". McFarland ran the company NYC VIP Access, which advertised tickets to events such as the Met Gala, Burning Man, Coachella, the 2018 Grammy Awards and Super Bowl LII, despite not actually having any tickets to the events, according to the complaint unsealed Tuesday.
McFarland allegedly targeted Fyre Festival customers and then laundered the fraud proceeds to "others' financial accounts in an effort to hide his ownership and control of the funds".
He has been charged with one count of wire fraud and one count of money laundering.
He says the 26-year-old McFarland went on to sell fraudulent tickets totaling nearly $100,000 to various events. Each carries a maximum sentence of 20 years behind bars.
Manhattan federal prosecutors say McFarland, 26, began running the ticket scheme in late 2017 - just months after his June 2017 arrest for defrauding investors of his Fyre Media company out of $24 million.