Lou Pearlman

Source: news.yahoo.com --- 88 days ago
Lou Pearlman is scheduled for a court hearing over how much he'll have to repay victims of his investment scam. ...

Source: www.foxnews.com --- 87 days ago
Former boy band promoter Lou Pearlman will have to repay victims of his decades-long investment fraud at least $300 million in restitution. ...

Source: www.mtv.com --- 87 days ago
Prosecutors have calculated that former 'NSYNC manager Lou Pearlman cheated investors out of more than $400 million. ...

Source: gawker.com --- 88 days ago
Who knew that robbing the Backstreet Boys could have so many financial rewards, on top of the emotional satisfaction? Lou Pearlman, the sleazebag boy band promoter who managed Backstreet and N'Sync, among others, has been ordered to repay $300 million to hundreds of people that he swindled in a Ponzi scheme that played out for decades. But uh, according to our forensic accounting, he might have a little trouble making full restitution: It will be difficult for Pearlman to repay all the money while he is behind bars [serving his 25-year prison sentence for fraud]. Pearlman made millions in the record industry in the 1990s, but investigators have found that money and more seemingly gone with the collapse of his Ponzi scheme. He's been allowed to manage - at arm's length - the few remaining music acts he still has. He could also offer wages from whatever job he gets in federal prison, ranging from 12 cents an hour to $1.15 an hour for top-scale factory work. Once he works his way up to that top-scale job he can erase the debt in just over 130,000 years. MATH. [ AP ] ...

Source: www.baltimoresun.com --- 88 days ago
Lou Pearlman and federal authorities have finally agreed on how much the former boy band promoter swindled from banks and investors in a decades-long scam: a staggering $300 million. ...

Source: www.miamiherald.com --- 79 days ago
Former boy band creator Lou Pearlman has finally been transferred to a federal penitentiary to serve his 25-year prison sentence. ...

Source: images.contactmusic.com --- 87 days ago
Shamed former boy band manager Lou Pearlman has been ordered to repay victims he conned out of $300 million (GBP150 million). The svengali/promoter behind the likes ... ...

Source: www.wftv.com --- 80 days ago
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Source: www.wftv.com --- 92 days ago
Federal prosecutors have filed court documents showing confessed con-man Lou Pearlman owes $425-millon to his victims. INSIDE: Pearlman Case History ...

Source: www.orlandosentinel.com --- 86 days ago
Admitted Orlando con man Lou Pearlman was ordered off to federal prison Wednesday after a judge delayed ruling on whether he should pay interest on the $300 million in restitution he owes to investors. ...

Source: www.moreover.com --- 86 days ago
AM 540 WFLA Jul 16 2008 10:30AM GMT ...

Source: www.nme.com --- 73 days ago
Former Backstreet Boys and *NSYNC manager Lou Pearlman has given authorities information in a case involving the shooting of a police office. ...

Source: www.orlandosentinel.com --- 81 days ago
Former music mogul Lou Pearlman was moved out of the Orange County Jail early Tuesday so he could begin serving his 25-year federal prison term, jail officials said. Pearlman was picked up at 6:19 a.m. by U.S. marshals and taken to an unknown federal prison facility, Orange County spokesman Allen Moore said. Marshals said they will not comment about Pearlman's movements for security reasons. U.S. Bureau of Prisons officials said they will not release Pearlman's location until he is received at a federal prison facility. Pearlman, founder of the bands Backstreet Boys and 'N Sync, pleaded guilty to conspiracy, fraud and money-laundering charges and agreed to assist prosecutors, FBI and Internal Revenue Service agents on the investigation. He was sentenced in June to 25 years in prison. ...

Source: www.wftv.com --- 88 days ago
Con-man Lou Pearlman is headed to federal prison. A federal judge won't let him stay at the Orange County jail any longer. VIDEO: Victims Hope To Get Money Back From Lou Pearlman READ: Pearlman Case 47-Page Plea Agreement (PDF file) ARCHIVE: Previous Reports Involving Lou Pearlman ...

Source: blogs.tampabay.com --- 91 days ago
Chief assistant U.S. Attorney Roger Handberg is asking Judge Sharp to award $424.4-million in restitution, including interest owed as of the last statements victims received. This filing makes the argument that interest should be included in the restitution. Presumably Lou's lawyer will argue that interest should not be included. Here's the difference: For EISA investors it's $193.8-million with interest, $137.1-million without; for stock investors it's $103.9-million with interest, $33.4-million without. In addition, there's $126.7-million owed to banks (no breakdown given regarding interest). The judge is expected to make his decision at Wednesday's hearing. So far, of course, he has not been sympathetic to Pearlman's arguments. Here is the proposed order. Here are the restitution names and amounts: EISA investors, stock investors and banks ...

Source: www.wickedlocal.com --- 29 days ago
Normal 0 The Wellesley cross country team hosted Newton North — an interdivisional foe — for its first meet of the season on Sept. 9. More than Tuesday’s poor weather gave the Raiders a rocky start, as injuries and illness riddled Wellesley’s program and contributed to a pair of losses against the Tigers. “We know Newton North always has a huge program, but we match up with numbers and on both sides we were down a couple of kids,” Raiders coach Lou Pearlman said. With nearly 2,000 students, Newton North does rank among the largest schools in the Bay State Conference, the league of 12 teams in which Wellesley competes. But the Raiders also boast 64 members between the boys and girls team, which Pearlman noted to be a new high. “They [Newton North] have huge numbers, but I’d have to say that for a Division 3 program — numbers-wise — Wellesley is pretty close,” he said. Neither loss was a blowout, though. The Wellesley girls fell to Newton, 25-30, and the Raider boys lost, 19-37. Pearlman felt that the Raiders performed well, considering that athletes were down on both sides. For the girls team, he noted the absence of Wellesley’s Blake Dietrick, the top girl in 2007. Both captain Will Volkmann and Peter Krieg, among the best boys runners, also missed Tuesday’s meet because of injury and sickness. In fact, weather almost canceled the season-opener entirely. But early-afternoon downpours, mud and puddles couldn’t deter the Wellesley ...

Source: blogs.tampabay.com --- 98 days ago
The Chicago Tribune, which has MB Financial and investor David Mathis as hometown victims, is catching up with the Pearlman story with this report. Also, last week I wrote about proposals to rein in credit card abuses. Here are some comments that Tampa Bay residents sent to the Federal Reserve about the issues. You can submit your own comment here. If you want to read more about the Federal Reserve proposal, go here. ...

Source: blogs.tampabay.com --- 91 days ago
With help from FBI agent Scott Skinner, the Times put together a really cool map showing Pearlman's 2007 route from Orlando to Orlando, traveling around the world. He may also have taken some trips that we left out, but here's the basic route of his adventure: Orlando to New York to Dublin to Frankfurt to Berlin to Frankfurt to Madrid to Panama City (Panama) to Madrid to Frankfurt to Singapore to Nusa Dua (Bali) to Hong Kong to Nusa Dua to Guam to Los Angeles to Oklahoma City to Orlando--circumnavigating the world. One of the fun things about doing this story was holding Lou's passport in my hands and looking over all the stamps. Here's a story that tells a little about his trip. ...