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Boy Band Czar Cuts a Deal

Celebrity Justice3/3/2008 10:50 PM PST BY TMZ STAFF
Boy Band Czar Cuts a Deal

Lou PearlmanLou Pearlman, best known for his work with boy bands like the Backstreet Boys and 'N Sync, struck a plea deal in his federal bank fraud case and will work with prosecutors to help recover millions of dollars he is accused of stealing.

Pearlman allegedly defrauded banks out of more than $100 million and stole another $300 mil from investors. Psssh -- chump change!

He entered a not guilty plea last year, but will change his plea to guilty in a hearing scheduled for Thursday. As for jail time, that's for a judge to decide.

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Reader Comments

(Page 1 of 4) | 1 | 2 | 3 | 4 | Most Recent | Next 15 Comments
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Big Daddy:  1412 days ago

Very interesting, thanks

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thomaso:  1441 days ago

gut that pig

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appltini:  1441 days ago

first

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Todd Lee:  1441 days ago

thats alot of friggin money, give him 10 years in prison so some dude can make him grab his ankles

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Ali:  1441 days ago

congrats ruggles- be careful they hate "first" people here.....:)

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Lenn K.:  1441 days ago

First, he couldn't grab his legs, secondly, is his head going to explode? Third, his ass has got to do some serious time.

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I'll rent the DVD when it's done:  1441 days ago

He's hot.

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FlBiker:  1441 days ago

That fat bastard used to live around the corner from me. His ex-house is like a pedophiles dream, volleyball court ,basketball,waterfall etc. Whatever he could do to get the boys outside and sweaty. Orlando politicians bent over hard for this con man.

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JAMES:  1441 days ago

ONLY IN AMERICA, CAN YOU STEAL ($ 400 MILLION), AND HAVE TO PAY BACK, ONLY A FEW MILLION. NOT TO MENTION RAPING YOUNG MEN IN THE PROCESS!!!

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Michelle:  1441 days ago

#3--Ali--no dear, we don't hate "first" people here---we feel sorry for them. We wonder why their lives are so boring that being "first" on TMZ is exciting to them. We wonder why they don't get a life, so it won't matter anymore.

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stromhome:  1441 days ago

Hey... is that KARL ROVE?!!!

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FlBiker:  1441 days ago

His picture could be used for a 'what they look like now' piece for Gummi Bear in 10 years.

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Ali:  1441 days ago

*brenda* LOL i think it is so funny that you shoud even care about it. i love it that it gets to you enough for you to post about it.....who doesn't have a life?

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bradleybeagle:  1441 days ago

i though it was spelled "tsar" or "tzar" not "czar" damn bastardization of English !!!

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appltini:  1441 days ago

Thanks for the heads up Ali!

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