Fyre Festival founder Ja Rule has confirmed that all punters who travelled to the ill-fated event this weekend are "safe" and have also been offered refunds.

As Pitchfork notes, attendees paid up to $US12,000 for the Bahamas-based music event and were promised a luxury weekend, but instead arrived to Exumas to find that the festival site had not been finished being built.

Music acts such as Blink-182 and Major Lazer were confirmed on the Fyre Fest bill, however the event was called off on the very first day, after its acts pulled out following the news.

Multiple punters reported that the accommodation wasn't up to scratch either, with tents and wooden stalls offered in place of the luxurious facilities advertised. 

Organisers spent the last day evacuating its guests from the island and the US rapper confirmed they had done just that earlier today. 

On Saturday, Rule was forced to issue a statement on his Twitter account, insisting that the festival was "not a scam" following the series of catastrophic events. 

"We are working right now on getting of [sic] the island SAFE that is my immediate concern," the 41-year-old hip hop artist tweeted. 

"I truly apologize as this is NOT MY FAULT… but I'm taking responsibility… see the full statement below. 

In a statement posted on Fyre Festival's website, organisers have apologised and claim that they will return next year despite the drama.