Celebrity Justice
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.

Reader Comments

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1. gut that pig

Posted at 9:24PM on Mar 3rd 2008 by thomaso

2. first

Posted at 9:04PM on Mar 3rd 2008 by ruggles

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

Posted at 9:05PM on Mar 3rd 2008 by todd

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

Posted at 9:10PM on Mar 3rd 2008 by Ali

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

Posted at 9:17PM on Mar 3rd 2008 by Lenn K.

6. He's hot.

Posted at 9:27PM on Mar 3rd 2008 by Paris

7. 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.

Posted at 9:32PM on Mar 3rd 2008 by FlBiker

8. 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!!!

Posted at 9:33PM on Mar 3rd 2008 by SANTA CLAUS

9. #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.

Posted at 9:34PM on Mar 3rd 2008 by Brenda

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

Posted at 9:37PM on Mar 3rd 2008 by Leah

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

Posted at 9:42PM on Mar 3rd 2008 by FlBiker

12. *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?

Posted at 9:44PM on Mar 3rd 2008 by Ali

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

Posted at 11:38PM on Mar 3rd 2008 by bradleybeagle

14. Thanks for the heads up Ali!

Posted at 10:23PM on Mar 3rd 2008 by ruggles

15. Shady fat bastard

Posted at 9:55PM on Mar 3rd 2008 by lance

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