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Boy band creator sentenced to 25 years in prison

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devilgrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:02 AM
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Boy band creator sentenced to 25 years in prison

By TRAVIS REED (Associated Press Writer)
From Associated Press
May 21, 2008 10:32 AM EDT

ORLANDO, Fla. - Lou Pearlman, the man who created the Backstreet Boys and 'N Sync, was sentenced Wednesday to 25 years in federal prison for engineering a decades-long scam that bilked thousands of investors out of their life savings.

It was the maximum sentence the boy band mogul could receive for allegedly swindling some $300 million from investors and banks since the early 1980s.

He pleaded guilty in March to two counts of conspiracy and single counts of money laundering and presenting a false claim in bankruptcy court.

U.S. District Judge G. Kendall Sharp noted that many victims were Pearlman's relatives, friends and retirees in their 70s or 80s who lost everything.

"The sympathy factor just doesn't run very high with the court," Sharp said.


more: http://enews.earthlink.net/article/top?guid=20080521/48339e40_3ca6_1552620080521-1326601180

Vanity Fair did a great exposé on this guy, a total fraud and pedophile, you'll feel icky after reading it. :puke:
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DS1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:04 AM
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1. Bring me Solo and the Wookiee. They will all suffer for this outrage.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:04 AM
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2. He just reeks creep factor
But it takes a special kind of guy to rip off his friends and relatives.
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:07 AM
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3. I always knew something was just not right with this guy.
Edited on Wed May-21-08 11:07 AM by HughBeaumont
No one could be that smug and brazen about his long-rumored ill-gotten gains and expect to get away with it.

Lou Perlman + Karl Rove = separated at birth?
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bean fidhleir Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:09 AM
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4. Is it only my imagination, or does he resemble both Rove and Limbarf?
I don't think I'm reacting only to his obesity.
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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:15 AM
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5. Thought he got imprisioned for starting the boy bands, this is worse. asshole.
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Tangerine LaBamba Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-21-08 11:38 AM
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6. Thanks for the reference
I let my Vanity Fair subscription lapse last year, but I've since renewed it. It's a great magazine, and I'm reading the Pearlman article online right now.

Thank you very much for this.
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