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Bye! Bye! Bye! Lou Pearlman Gets 25 Years in Slammer

Posted on: May 21st, 2008Joshua Holmes

Lou Pearlman Mug Shot

Big fat Lou Pearlman, the man who founded N’Sync, Backstreet Boys, O-town and others, was sentenced to 25 years in jail on Tuesday for money laundering, conspiracy, making false statements and being an overall jerk for several years. He ran one of the biggest ponzi schemes.

Big Lou pleaded guilty back in March to a long, complicated con game that basically pumped up his net worth and cheated other people out of millions. The judge gave him the maximum sentence.

Lou had also run the con game with a modeling agency he tried to run.

Also: Lou Perlman

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    • 1 comment:

    1. [...] inside his car in East Harlem on Thursday (July 16). The 52 year-old, who had been innocently involved in the Ponzi scheme run by Lou Pearlman, was a father of three and a motivational speaker who ran [...]

       

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