News A Bit More on Lou Pearlman
posted by May 21 at 15:26 PMon
Lou Pearlman went to jail and, despite what we all figured, it wasn’t for pedophilia. Brian linked earlier to an article about the arrest of the Backstreet Boys/N*Sync creator for swindling $300 million from investors through a bogus airline company. The judge offered to take a month off of his 300 month sentence for every million dollars he paid back to investors, though his plan for making money rests solely in his new boy band, US5:
That was your big plan to make money? While you’re at it, remember to invest in Microsoft stocks and buy lots of bottled water and canned food for Y2K. Have fun in prison, Lou. No longer will you poison the music industry with your love of dancing prettyboys.