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Boy Band Guru Gets 25 Years in Prison

AP
Posted: 2008-05-21 10:23:53
ORLANDO, Fla. (May 21) - The man who created the Backstreet Boys and 'N Sync has been sentenced to 25 years in prison on four federal charges.

But Judge G. Kendall Sharp in Orlando, Florida, said Wednesday he would reduce the sentence by one month for every $1 million that Lou Pearlman returned to the investors he stole from.

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The Rise and Fall
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The man behind the Backstreet Boys and *NYSNC, Lou Pearlman, here in a photo released June 15, 2007 by the U.S. Marshals' Office in Guam, was hit with a 25-year prison sentence for fraud charges against him. A judge says for every $1 million he returns to investors, a month will be shaved off of his term.

Pearlman pleaded guilty in March to two counts of conspiracy, money laundering and using false statements in a bankruptcy proceeding.

He is most famous for creating "boy bands" that sold millions of records. But prosecutors alleged he bilked thousands of people out of millions of dollars in a decades-long investment scam.

Copyright 2008 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.
2008-05-21 07:45:48
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Recent Comments

1 - 15 of 359
359 comments

gcohen8844 08:40:11 AM May 27 2008

Louis Pearlman.........he should have stayed in Queens where he grew up. Money and no life..........and a thief to boot. Sorry Lou, you blew it with your greed.
Cody

ahammerjack 08:25:50 AM May 25 2008

AS I SAID BEFORE ,A FOOL AND HIS GOLD WILL SOON BE PARTED WHY BLAME FATSO LOOK AT WALL STREET THEY DO THE SAME OR WORSE PEOPLE ARE GREEDED TRUST THE WRONG PEOPLE WE DO NOT UNDERSTAND KNOWING HOW MUCH SCAMS OUT THERE WE STILL FALL FOR THEM IN GOD WE TRUST THATS A JOKE ,HOW MANY TIMES CHURCHS AND OTHERS HAVE BEEN SCAMED FOR THE LOVE OF GOD

WATSONFF 08:13:15 AM May 25 2008

YEAAAAAH BOOOOY FLAVA FLAAAV : O : O!!!

WATSONFF 08:12:57 AM May 25 2008

WOW MAYBE LANCE HOEVER THERE FROM THE BOY BAND HE CREATED WILL WANT TO SERV WITH HIM HE HAS EXPERIANCE SMOKIN BIG COK ALRDY : O !! THGIS GUY RIPPPED OFF THEM BOY BANDS FOR MILLIONS OF DOLLARS WAY BACK THEN AND GOT AWAY WIT IT THEY GOTTA B LUVN THIS SH IT !!!?

WATSONFF 08:10:37 AM May 25 2008

IM GUESSING HE WONT BE ABLE TO GET UP,THE 300 MILLION BUT WHO KNOWS ONE THINGS FOR SURE HE WILL LEARN TO GET UP HIS CELLIE MATE EVERY EVENING : O : o : O : O HA HA HA HA HA TAKE IT LIKE A MAN BOY BAND BEEEAOOCH I FUGN LUV IT SERVES HIM RIGHT AND WHOEVER SAID KARMA WASN'T REAL

simzillyjp 06:48:41 AM May 25 2008

It's finger lickin' good

simzillyjp 06:48:04 AM May 25 2008

Pucker up

simzillyjp 06:47:57 AM May 25 2008

s

simzillyjp 06:47:42 AM May 25 2008

Bend over

ErnTamHysell 03:07:09 AM May 24 2008

This guy should rot thats all I can say.

Catmansage 04:51:38 PM May 23 2008

two things those boy bands sucked and now pearlman will
he screwed a lot of people and now bubba gets his turn welcome to prison bitc*

spambofirstblood 01:27:09 PM May 23 2008

He should have gotten life without parole just for unleashing Boy Bands on us.

montgomeryjhn 12:47:07 PM May 23 2008

He is going to be the new kid on the block. as in C Block

akersbutch 11:38:45 AM May 23 2008

hey tim maybe you can sprint to your judges chambers with the olympic torch and get the same deal

mcgowbi 11:05:15 AM May 23 2008

guyalex67 10:23:39 AM May 23 2008

ONLY IN AMERICA YOU CAN PAY AND GET AWAY

Do the math. It will cost him $300 million to "get away." That money will do the bilked investors lots of good.

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