Given this paragraph about Fyre Festival, would you say that it was a successful event?

Context: Fyre Festival was a fraudulent luxury music festival founded by con artist Billy McFarland and rapper Ja Rule. It was created with the intent of promoting the company's Fyre app for booking music talent. The festival was scheduled to take place on April 28–30 and May 5–7, 2017, on the Bahamian island of Great Exuma.

Answer: No, Fyre Festival was a fraudulent luxury music festival founded by con artist Billy McFarland and rapper Ja Rule