Lou Pearlman news stories on Newser

Jailed Boy-Band Schemer Plots Reality Show

Evann Gastaldo — Wed, 18 Mar 2009 09:00:47 CDT

Even from jail, boy-band creator-slash-Ponzi schemer Lou Pearlman is all about the spotlight. The ‘N Sync and Backstreet Boys founder is plotting a reality show he can star in from behind bars, the New York Daily News reports. “It essentially would feature Lou's disembodied voice on a speakerphone,” says the...

Boy-Band Promoter to Repay $300M

Wed, 16 Jul 2008 13:47:00 CDT

Lou Pearlman and federal authorities have finally agreed on how much the former boy band promoter swindled from banks and investors in a decades-long scam: a staggering $300 million. That's how much the creator of the Backstreet Boys and 'N Sync will have to pay, at a minimum, in restitution...

Boy-Band Brain Gets 25 Years for Fraud

Elizabeth Wolff — Thu, 22 May 2008 11:21:15 CDT

Lou Pearlman, the honcho behind the Backstreet Boys and 'N Sync, was sentenced yesterday to the maximum of 25 years in federal prison for masterminding a decades-long scam that bilked thousands of investors out of some $300 million, the AP reports. "The sympathy factor just doesn't run very high with...