“It’s a great time to be a con man in America,” remarks an interviewee at the end of “Fyre Fraud,” Hulu’s new documentary on a 2017 music festival-turned-scam. If the rest of the film aims to prove its closing line, Fyre Fraud succeeds.
Entrepreneur Billy McFarland organized Fyre Festival on a Caribbean island formerly owned by drug lord Pablo Escobar. It was such a disaster that Netflix and Hulu are competing with each other to tell its story, releasing rival documentaries on the scam earlier this month. Both films offer schadenfreude and cringe entertainment, but they also tell a cautionary tale.
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