After teasing it last month, Netflix has released a full trailer for the upcoming documentary about the failed US Fyre Festival, FYRE: The Greatest Party That Never Happened.

The Ja Rule-founded Bahamas-based "luxury" festival, where punters paid as much as $12,000 for tickets, was scheduled to go down across two weekends in April and May in 2017 with headliners blink-182 and more. However, the festival was cancelled shortly after kicking off as the set-up had not been completed.

Organiser Billy McFarland was accused of presenting investors with fake documents that convinced some to contribute more than US$1 million.

He was found guilty of two counts of wire fraud and sentenced to six years in prison last October.

FYRE hits Netflix globally on 18 January. Watch the full trailer below.