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View Full Version : Lou Pearlman nabbed

Baby Lee
06-14-2007, 01:46 PM
Found him in Indonesia, being extradicted to Guam.
Hootie
06-14-2007, 01:51 PM
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Simplex3
06-14-2007, 01:54 PM
He should be shot in the courtyard.

Not for that banking thing, either. For the boy bands.

Asshole.
Planetman
06-14-2007, 01:56 PM
He should be shot in the courtyard.

Not for that banking thing, either. For the boy bands.

Asshole.
No one is going to top that post. ROFL
'Hamas' Jenkins
06-14-2007, 01:59 PM
The greatest catch so far in the War on Terror.
teedubya
06-14-2007, 02:33 PM
I thought the thread title was Lou Pearlman Stabbed. And I was okay with that.
ChiTown
06-14-2007, 02:42 PM
Louie (http://news.yahoo.com/s/ap/20070614/ap_en_mu/people_lou_pearlman_1)

Thu Jun 14, 11:36 AM ET

ORLANDO, Fla. - Boy-band mogul Lou Pearlman was arrested in an Indonesian hotel early Thursday, turned over to U.S. law enforcement officials and flown to Guam to appear before a judge there, authorities said.
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Pearlman was charged with one felony count of bank fraud.

"We expect that he will be returned to Florida," said Steve Cole, a spokesman for the U.S. Attorney's Office in Tampa.

Pearlman allegedly defrauded about 1,000 investors of more than $315 million by selling for years a bogus savings account plan, then using their money to cover his losses in other businesses. Banks are hounding him and his companies for more than $120 million, according to court documents.

Pearlman conjured multi-platinum success by piecing together boy bands such as the Backstreet Boys and 'N Sync in the 1990s.

He hadn't been seen or heard from in months, nor had he responded to multiple subpoenas.

Creditors liquidated Pearlman's assets at an auction Tuesday in Orlando. Proceeds from the sale were to pay off his considerable debt, though authorities were still trying to put the whole picture together.
Duck Dog
06-14-2007, 03:27 PM
Found him in Indonesia, being extradicted to Guam.

I wonder if a ***** was hiding in bowl rice ready to pop a cap in his ass.