A March 21 term sheet stated that the company was worth $90 million. Authorities said Fyre Media earned less than $60,000. How in the world could anyone believ

A March 21 term sheet stated that the company was worth $90 million. Authorities said Fyre Media earned less than $60,000. How in the world could anyone believe this company was worth $90 million? It appears that looking for a plea deal might be in his best interest. This is another example of a company/founder who misappropriated/misspent funds and cheated everyone along the way. These stories have become all too common.