Boy Band Mastermind Gets Jail Time
May 22, 2008 4:55 PDT By Megan Lynn
Photo: Getty Images
The boy band era is really, truly, officially dead. Lou Pearlman, the guy who put the Backstreet Boys and 'N Sync together, was sentenced today to 25 years in federal prison for scamming investors for $300 million since the early '80s. Hey, dance lessons and frosted tips don't come cheap.
The Associated Press reports that Pearlman -- who pled guilty to money laundering, presenting a false claim in bankruptcy court, and two counts of conspiracy in March -- can get his sentence reduced one month for every $1 million he returns.
Pearlman, who took a majority of the money from family, friends, and retirees, told the court today, "Over the past nine months since my arrest I've come to realize the harm that's been done. I'm truly sorry and I apologize for what's happened."
We can only hope further introspection will spark an equally contrite statement about the crimes of O-Town and LFO.
What should Lou call his (inevitable) behind bars boy band: Cell Block Soul, or Jailhouse Rock?
The Associated Press reports that Pearlman -- who pled guilty to money laundering, presenting a false claim in bankruptcy court, and two counts of conspiracy in March -- can get his sentence reduced one month for every $1 million he returns.
Pearlman, who took a majority of the money from family, friends, and retirees, told the court today, "Over the past nine months since my arrest I've come to realize the harm that's been done. I'm truly sorry and I apologize for what's happened."
We can only hope further introspection will spark an equally contrite statement about the crimes of O-Town and LFO.
What should Lou call his (inevitable) behind bars boy band: Cell Block Soul, or Jailhouse Rock?
0 Ratings
Comments 
0 Comments
Be the first to post a comment!
FEATURED VIDEO
This Week In Style
Lydia, our style correspondent, tells us all about the latest fashion and beauty trends.
Lydia, our style correspondent, tells us all about the latest fashion and beauty trends.
SPONSORED MESSAGE
RELATED VIDEOS
"Night Shift": Is He or Isn't He?
Find out what happens when two interns from "General Hospital: Night Shift" go after the same guy, in the second episode of "Night Shift: Claire & Kyle."
Find out what happens when two interns from "General Hospital: Night Shift" go after the same guy, in the second episode of "Night Shift: Claire & Kyle."
Antonio on "The View": Part 1
Antonio Sabato Jr. visits "The View" to talk about his role on "General Hospital: Night Shift."
Antonio Sabato Jr. visits "The View" to talk about his role on "General Hospital: Night Shift."
Antonio on "The View": Part 2
Antonio Sabato Jr. visits "The View" to talk about his role on "General Hospital: Night Shift."
Antonio Sabato Jr. visits "The View" to talk about his role on "General Hospital: Night Shift."
You must be a logged in registered user to post a comment.
Already registered with SOAPnet? Login below.
Not yet a member?