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November 14, 2024, 09:38:36 AM
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Conspiracy and money laundering aside.........

 
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Fuzzy
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Conspiracy and money laundering aside.........
« on: March 07, 2008, 09:46:02 AM »


........I always thought he should spend 25 years in prison for releasing the Backstreet Boys and 'N Sync into the world.



http://edition.cnn.com/20...arlman.plea.ap/index.html

For years, Lou Pearlman wowed banks and investors with slick talk and a lavish lifestyle. But when the one-time architect of the Backstreet Boys and 'N Sync set his hand on a courtroom Bible, he set the act aside.

Pearlman pleaded guilty Thursday to federal charges of conspiracy, money laundering and making false statements during a bankruptcy proceeding. The plea was the result of a lengthy federal probe alleging he bilked investors and banks out of more than $300 million.................

He will be sentenced May 21, and faces up to 25 years in prison and a $1 million fine.

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stroh
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Re: Conspiracy and money laundering aside.........
« Reply #1 on: March 07, 2008, 09:49:07 AM »

In my opinion they are the biggest snubs of the '08 R & R Hall of Fame inductions.
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