Lou Pearlman Sentenced to 25 Years in Jail

Lou Pearlman, creator of the Backstreet Boys, was plead guilty to four federal charges: two counts of conspiracy, and one each of money laundering, and using false statements in a bankruptcy proceeding. Lou does have the option of reducing his jail time. Judge G Kendall Sharp said that for ever $1 million Pearlman returns to investors, he’ll cut the sentence by one month.
Even if Lou had the money to buy his way out of jail, he’d probably rather get released a rich man, than a dirt poor convict.
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Posted on May 21, 2008 at 9:46 am(PST)
Tags: Celebrity Crime | Lou Pearlman
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