Pop Music Scene

Lou Pearlman : Creator Of N’sync & BSB Is Sentenced To 25 Years In Prison

by DEXIE on May 21st, 2008

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Lou Pearlman, the creator of N’Sync and Backstreet Boys have been sentenced to 22 years in prison for scamming people out of their hard earned money. The Boy Bands have severed their ties with Pearlman for years now and each claimed discrepancy in their financial situation years ago. Lou Pearlman pleaded guilty for 2 counts of conspiracy and single counts of money laundering. The Judge offered to reduce his sentence by 1 month for every $1 million Pearlman returns to the investors. Apparently, He scammed people for an estimated $200 million and banks for another $100 million.

WOW, this was a long time coming huh? Ever since N’Sync and Backstreet Boys left his management I think the industry we’re just kind of waiting when the nail would finally drop. It has indeed.

Read More about Lou Pearlman’s case right here.

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