Fyre Fest Founder Apologizes to Bahamas After Government

Billy McFarland, the man behind the infamous Fyre Festival, is apologizing to the Bahamas for the project gone wrong ... and he says he wants to right his wrongs.

Billy fired off an apology letter to the Bahamian government Monday, hours after Deputy Prime Minister Chester Cooper said his nation wanted nothing to do with Billy's next venture, which appears to be a treasure hunt in the Bahamas.

In the letter, obtained by TMZ, Billy doesn't mention Fyre Fest by name ... but he opens by saying, "I am writing to you to profusely apologize for my actions 5 years ago. I was completely wrong and I wholly regret my actions."

Billy mentions his prison release and time served -- he ended up pleading guilty to 2 counts of wire fraud over the disastrous failed event and served 4 of his 6-year sentence behind bars -- and says, "my main focus is how I can right my wrongs and how I can make the Bahamas and Family Islands, a region I care so deeply about, whole again."