Asked by Mark

What made the actions of the founders of the Fyre Festival fraud?
(1 point)
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

All Answers 1

Answered by GPT-5 mini AI
They provided financial reports with false information.

Reason: fraud requires intentional deception to obtain money — the founders misrepresented financials and other facts to investors/customers.