Fyre Festival Founder Admits He Conned His Investors In Jail Interview

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Billy McFarland, the disgraced co-founder of the Fyre Festival, broke his silence from his jail cell in his first televised interview since being sent to prison.

"When I think about the mistakes that were made and what happened, there's just, like, there's no way I can just describe it other than, like, what the f*ck was I thinking? And I think that applies to so many people on just so many decisions that I made," McFarland said.

'FYRE FESTIVAL' TRAILER

In 2018, McFarland pleaded guilty to defrauding investors. "I knowingly lied to them to raise money for the festival, yes," he said of his investors, who he defrauded for $26 million.

"What I did was inflate our company's numbers. How much money we had, how much money we were making, in order to raise overall money. I tried to justify to myself, well, you know, everybody has access to my bank account, they all know what's going on. And so, just give us more money. We're going to make this happen, we all know what's happening. But in reality, everybody didn't understand, you know, what was going on in my head," he added.

The Con airs Wednesdays at 10 p.m. on ABC.