Lou Pearlman went from boy-band millionaire to federal prisoner during a sentencing hearing in Orlando on Wednesday morning.
Pearlman was sentenced to 25 years in prison on fraud and conspiracy charges in connection with a decades-long investment scam that defrauded banks and investors out of as much as $300 million.
The judge offered Pearlman a chance to reduce his sentence by one month for every $1 million he returns to investors.
This is the guy who brought us the Backstreet Boys and N'Sync. If it were up to me, he'd get the chair.
Travis
travis@rightwingluantic.com
Pearlman was sentenced to 25 years in prison on fraud and conspiracy charges in connection with a decades-long investment scam that defrauded banks and investors out of as much as $300 million.
The judge offered Pearlman a chance to reduce his sentence by one month for every $1 million he returns to investors.
This is the guy who brought us the Backstreet Boys and N'Sync. If it were up to me, he'd get the chair.
Travis
travis@rightwingluantic.com
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