|
Title: Conspiracy and money laundering aside......... Post by: Fuzzy 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/2008/SHOWBIZ/Music/03/07/pearlman.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. Title: Re: Conspiracy and money laundering aside......... Post by: stroh 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.
|