Escapade Music Festival organizer says $600,000 in proceeds is missing
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A promoter of last weekend's Escapade Music Festival says $600,000 is missing from the event's proceeds and he’s reported the theft to police.
Michael O'Farrell, vice-president of marketing, said he was shocked to see the money missing Monday afternoon following a "successful," third edition of the electronic dance music event.
He said his partner, Nick Vachon, is also missing and he has not seen or heard from him since 3 a.m. Monday, when the event ended.
"I'm speechless," said O'Farrell. "I don't know why anybody in the right mind would do something like this."
Escapade took place June 30 to July 1 at the Ottawa Stadium on Coventry Road.
Ottawa police would not confirm or deny an investigation is ongoing, but O’Farrell said he expects police will issue an arrest warrant soon.