What made the actions of the founders of the Fyre Festival fraud?
• They got investors to commit funds to the festival.
• They provided financial reports with false information.
• Many attendees were very disappointed in the product provided.
• The founder may be required to refund the money paid by participants.
• They promised luxury accommodations, top musical acts, and a VIP experience that they did not deliver.
• They misrepresented the festival's readiness and ability to provide the promised experiences.
• They knowingly deceived attendees and investors about the festival's capabilities and organization.
• They failed to make proper arrangements and preparations for the event, resulting in chaos and distress for attendees.