5-count indictment for boy-band mogul - Lou Pearlman (w/ newsmeat link)

[johnnie]

"ORLANDO, Fla. - The creator of the Backstreet Boys and 'N Sync was indicted Wednesday by a federal grand jury on charges he defrauded a bank out of $20 million.

Lou Pearlman, 53, was indicted on three counts of bank fraud, and single counts of mail and wire fraud for business with Evansville, Ind.-based Integra Bank N.A., according to court documents.

Pearlman is most famous for forming boy bands in the '90s, but was also involved in airplane charter, real estate, model scouting and restaurant ventures. He stands accused of fraudulently securing millions in bank loans with documents from a fake accounting firm."

http://news.yahoo.com/s/ap/20070628/ap_en_mu/boy_band_mogul_3;_ylt=Al4BGd513TRGTm8Xwfm0d_QE1vAI


Newsmeat:

http://www.newsmeat.com/celebrity_political_donations/Lou_Pearlman.php



Just sayin' :shrug:

[Parche]

1. To Jail He Goes BYE BYE BYE

:rofl: :rofl: :hi: