June 5, 2008
Boy Band Mogul Lou Perlman Gets 25 Years For Fraud
The Backstreet Boys and ‘N Sync’s svengali/exploiter Lou Perlman was sentenced to 25 years in prison today for defrauding investors and banks to the tune of $300 million dollars. For 20 years Perlman lured investors into placing millions of dollars into two companies that didn’t exist. Perlman faked financial statements to keep the [...]
Read More..>>


