Boy Band svengali Lou Pearlman is auctioning off a few of his belongings on eBay. He needs the cash as he just pleaded guilty to federal bank fraud charges and has agreed to repay victims of his $300 million Ponzi scheme.
Included in his list of treasures are: (and we swear we're not making this up) his business degree from Century University (sounds prestigious!); a picture of fat Lou in front of The Original Pancake House; laser discs (or shiny Frisbees); as well as a framed invitation to the Bush/Quayle inauguration of 1989 - otherwise known as the illest party of the '80s.
If you want to partake in any of Pearlman's gems, you better hurry, the auction closes in five days!
You Too Can Buy Lou Pearlman's Crap
3/4/2008 8:59 PM PST BY TMZ STAFF
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