Billy McFarland, the founder of the Fyre Festival, has been released from prison early.
After pleading guilty to various charges of fraud, including the catastrophic event in the Bahamas in 2017, McFarland was receiving a six-year term.
After taking part in the production of a podcast, he served six months of his sentence in solitary prison.
McFarland has been freed from the Milan Federal Correctional Institution in Milan, Michigan, where he was being imprisoned, according to TMZ.
According to The Hollywood Reporter, he is currently under the supervision of Residential Reentry Management New York, an administrative organization that oversees halfway homes in southern, eastern, and New Jersey.
McFarland is scheduled to be released from the halfway house on August 30.
Due to fears about the coronavirus pandemic, he requested an early release from his six-year prison sentence in 2020, but his request was denied.
McFarland’s release comes only days after Martin Shkreli, the disgraced “pharma bro” who famously paid $2 million (£1.4 million) for Wu-Tang Clan’s “Once Upon A Time In Shaolin.”
Shkreli was serving a seven-year term for securities fraud after being found guilty of securities fraud in previous hedge funds in 2017. According to his lawyer, Ben Brafman, he has also been transported to a halfway house.
He was excluded from the pharmaceutical sector earlier this year and sentenced to refund $64.6 million (£47.2 million) in earnings he gained by price-gouging the medicine Daraprim in 2015.