Backstreet Boy Creator FRAUD Case

[They Live]

Lou Pearlman, the brain behind The Backstreet Boys, N'Sync, LFO, O-Town, etc. etc. has apparently managed to con over 1400 investors and the city of Orlando out of close to 500 MILLION dollars. You heard right. This is incredible. Check it out. No formal charges have been brought against him, but it'll be interesting to see where this goes.

http://www.usatoday.com/money/companies/regulation/2007-04-09-pearlman-usat_N.htm

Sounds like a great guy.

 

[cecil995]

I guess he can kiss all his money and freedom "Bye Bye"

 

[They Live]

Well, he's overseas right now, and if he has as much money stored away in offshore bank accounts as he might, he could stay overseas for a long time.

 

[Rick Meyer]

Well, he hasn't been convicted of anything yet. But if he is guilty....what a scumbag.

 

[TC]

I guess he can kiss all his money and freedom "Bye Bye"

Don't you mean "Bye Bye Bye"?

:beer:

 

[Rick Meyer]

Don't you mean "Bye Bye Bye"?

:beer:

Ha! Good one!

 

[ugafan]

Lou Pearlman, the brain behind The Backstreet Boys, N'Sync, LFO, O-Town, etc. etc. has apparently managed to con over 1400 investors and the city of Orlando out of close to 500 MILLION dollars.

this dude should have been locked up years ago as punishment for giving us n'sync. after having to put up with crappy boy bands on the radio all this time, justice is finally served!

 

[cecil995]

Don't you mean "Bye Bye Bye"?

:beer:

Opps. At least you got the point

 

[Terry_Lasater]

TC knows his boy band lyrics. :thumbsup: