Magnises was a card-based membership club co-founded by convicted fraudster Billy McFarland in August 2013.[1] Similar to Fyre Festival, another scam by McFarland, Ja Rule was the spokesman.[2] The club card was not itself a real credit card; members could use it to make purchases only by first linking it to one of their pre-existing credit card accounts.
^Chayka, Kyle (2016-04-22). "Lifestyle Startups Connect Millennials to New Friends, and Brands". racked.com. Retrieved 2019-09-10.
^Bhasin, Kim (2017-08-30). "How a black card wannabe went down in flames". Bloomberg. Retrieved 2021-03-01.
Magnises was a card-based membership club co-founded by convicted fraudster Billy McFarland in August 2013. Similar to Fyre Festival, another scam by McFarland...
2014). "Musicians Embrace Magnises, a Black Card for the Younger Set". Billboard. Glass, Jeremy (April 18, 2014). "Magnises: The Only Other Black Card...
through regular visits to events McFarland hosted at his previous venture, Magnises. During a flight to the Bahamas, McFarland and Ja Rule's private plane...
partnered with Billy McFarland, the CEO of the credit card service company Magnises, to become its creative head and spokesman. In August 2015, Ja Rule collaborated...