Disgraced entrepreneur Billy McFarland, who is currently in prison for defrauding investors in the ill-fated Fyre Festival, has indicted that he plans to have another try at staging the event. It feels almost redundant to ask this question at this point, but I’ll still say it – what could possibly go wrong?

McFarland is in the process of self-publishing a memoir called Promythus: The God of Fyre, in which he plans to set the record straight and tell the “raw story” of what happened at Fyre Festival, after Netflix and Hulu “misrepresented the real events” in their documentaries.

McFarland hand-wrote around 800 pages of notes in prison, then passed these on to his girlfriend, model Anastasia Eremenko. She then typed them up and gave them to editor Josh Raab, who was considering whether or not to work on the project.

Raab ultimately decided that he did not want to be involved with the book, saying he doesn’t believe itt will be a “worthwhile addition to the general discussion”. Fortunately, nobody made him sign an NDA, so he has just spoken about the situation in a fairly extensive NY Mag interview.

The book chronicles McFarland’s career from his first ever start-up in 2011 to his FBI arrest after Fyre Festival. It features an array of “actors, models, musicians, people who are only famous because their parents are [and] cameos from members of the Trump administration.”

Billy McFarland is said to be fascinated with Jordan Belfort‘s memoir The Wolf Of Wall Street and Molly Bloom‘s Molly’s Game, about her time running underground poker games. Both of these were turned into movies, and he presumably has the same vision for himself.

He initially said that the book would be self-published on Amazon at the end of April, and though that time frame has now come and gone, McFarland apparently wants to get it out there quickly, ahead of his planned comeback. He told Raab in an email:

“Putting in terms of Wolf of Wall Street, the Festival will not be a one and done event – it’s happening again, so the original story will lose the potential to be told and set the stage if it’s not done before the next events take place.”

There were plans for Andy King – of the infamous Fyre Festival blowjob story – to do promotional appearances for the book, as McFarland is set to remain in prison until 2024, although it’s unclear whether that will actually happen, or even whether it will see a release.

McFarland must pay $26 million in restitution to investors that he defrauded, and says he plans to use proceeds from the book to cover these costs, as well as giving some money to Bahamian people whose lives and livelihoods were disrupted by the festival.

Source: NY Magazine
Image: Getty Images / Patrick McMullan