Lou Pearlman

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Louis J. Pearlman
Background information
Birth name	Louis Jay Pearlman
Also known as	Big Poppa[1] Incognito Johnson.[2]Queenie LU
Born	June 19, 1954 (1954-06-19) (age 54) Flushing, Queens, NY, U.S.
Genre(s)	Dance-pop Boy band
Occupation(s)	Producer Manager
Years active	1993-2006
Label(s)	Trans Continental
Associated acts	Backstreet Boys 'N Sync, O-Town LFO Take 5 Natural US5, Jordan Knight Aaron Carter Smilez and Southstar C-Note Aaron Balcom

Louis Jay Pearlman (born June 19, 1954) was known in the 1990s entertainment business for being the manager of famous American boy bands the Backstreet Boys and 'N Sync (both of which later sued him, but settled) and later for being the owner of controversial talent scouting companies Wilhelmina Scouting Network aka Trans Continental Talent (fraud investigations were dropped after bankruptcy) and Fashion Rock/Talent Rock (sold by State receiver).

In 2006, it came to light that Pearlman had perpetrated one of the biggest and longest running Ponzi schemes in American history, leaving more than $300 million in debts. For more than 20 years Pearlman enticed individuals and banks to invest in Transcontinental Airlines Travel Services Inc. and Transcontinental Airlines Inc., which existed only on paper. Pearlman used falsified FDIC, AIG and Lloyd's of London documents to win investors' confidence in his "Employee Investment Savings Account" (E.I.S.A.) program and he used fake financial statements created by a fictitious accounting firm Cohen and Siegel to secure bank loans.^[3][4][5][6]

On May 21, 2008, Pearlman was sentenced to 25 years in federal prison, after pleading guilty to charges of conspiracy, money laundering, and making false statements during a bankruptcy proceeding. U.S. District Judge G. Kendall Sharp gave Pearlman the chance to cut his prison time, by offering to reduce the sentence by one month for every million dollars he helps a bankruptcy trustee recover. He also ordered individual investors are to be paid before institutions in distributing eventual assets.^{[7][8][9][10]}

Contents 1 Early life 2 Career history 3 Criminal activity 3.1 Investigation 3.2 Litigation 3.3 Trans Continental Savings Program 3.4 A Ponzi Scheme 3.5 Bankruptcy 3.6 Arrest 3.6.1 Additional charges 4 Other controversies 4.1 Talent scouting scandal 4.2 Boy band financial scandals 4.3 Allegations of inappropriate conduct 5 References 6 External links

[edit] Early life

Pearlman was born into a Jewish family and raised in New York City before moving to Orlando, Florida. He is the only child of Reenie and Hy Pearlman, who ran a dry cleaning business.

[edit] Career history

Pearlman idolized his first cousin Art Garfunkel. As a teenager, he managed a band, but when success in music proved elusive, he turned his attention to aviation. By the late 1970s, Pearlman had forged a partnership with German blimp tycoon Theodor Wüllenkemper. Early 1980s he started a helicopter commuter service. Next came a blimp advertising company, which suffered several controversies including the crash of a Jordache blimp and claims of insurance fraud.^[11][12]

After moving to Orlando, Pearlman claimed to operate a travel agency called Trans Continental Travel Services, an aircraft leasing business, and a charter airline, Trans Continental Airlines, though in reality both existed in name only. Pearlman was to some the best salesman ever known. "He told us he had 412 airplanes, the company had a value of $1.8-billion and the IPO was coming out at $17.50 a share. It was totally convincing."^[13][14][15]

As his aviation businesses failed, Pearlman found other ways to make money. In the middle 1980s, he started the fraudulent Trans Continental Airlines savings program. Pearlman also had associations with penny-stock swindlers, and it has been reported that his first large con was taking part in one of the longest-running pump-and-dump schemes of the 1980s-90s.^[16]

As a side product Pearlman became involved with the Chippendales dancers. That, combined with having his airline charter the group New Kids on the Block to several concerts, inspired his boy band ideas. "I got involved with Chippendales before Backstreet and it's Chippendales and New Kids on the Block that gave me the idea to pursue Backstreet.".^[17]

After receiving a charter request from New Kids on the Block, Pearlman became fascinated with the fact that the band had made hundreds of millions of dollars in record, tour and merchandise sales. Thus he started Trans Continental Records. After a massive search (costing $3 million),^[18] Pearlman found the Backstreet Boys, who were signed to his label as its first act. Management duties were assigned to a former New Kids on the Block manager, Johnny Wright and his wife Donna. The Wrights are credited by anyone but Pearlman for actually making his first two boy bands famous, by their grooming the bands and making decisive contributions to the marketing strategy. "Pearlman provided the cash, and Wright did the rest."^[19] The Backstreet Boys went on to sell 100 million records worldwide^[20][21] , hitting gold and platinum in 45 different countries. Pearlman and the Wrights repeated this apparent success with the band *NSync, which sold over 56 million records globally.

With two major successes under his belt, Pearlman became a boy band mogul. Other boy bands managed by Pearlman were O-Town (created during the ABC/MTV reality TV series Making the Band), LFO, Take 5, and Natural. Other artists on the Trans Continental label included Aaron Carter, Jordan Knight, Smilez & Southstar and C-Note. Pearlman owned an entertainment complex in Orlando, including a recording studio he called Trans Continental Studios, a dance studio by Disney World named "O-Town," and Church Street Station, which, under his ownership, became a virtual ghost town.

Pearlman's final musical project was the RTL reality TV show "Big in America" in Germany.^[22] Boy band US5 was assembled on the show. They were represented as being 'Big in America' despite the fact of only releasing one single in the United States, which did not chart well. It appears that US5's management, Berlin-based company Triple M Music,^[23] is the only running business that Pearlman was actively involved in in December 2006 when his Ponzi scheme became known. Before his arrest, his last sighting was at an award show where the band received an award. US5 appears to still be under contract with Pearlman, though their final fate is unknown. Currently, it has been arranged that they are allowed to tour while money is put in escrow until the case is settled.^[24]

[edit] Criminal activity

[edit] Investigation

On November 14, 2006, WFTV.com reported that Frank Vazquez, Vice President of Operations for the Trans Continental Companies, had taken his own life. The article mentioned Florida state investigating a savings program offered by the company.^[25]

On December 17, 2006, the St. Petersburg Times wrote the savings program was offering "high yield at no risk," and was presented as a way to participate in a special deal for Trans Continental Airlines employees. Investors were notified by Trans Continental Airlines that it stopped processing withdrawals from its "Employee Investment Savings Account" and the company wrote in a form letter to "anticipate a resolution soon after the first of the year."^[26]

[edit] Litigation

After getting sued by the Florida Office of Financial Regulation (OFR) [1], the company agreed to halt all sales, while denying the charges.^[27][28][29] The Florida OFR then filed a Complaint, alleging Pearlman had been operating a Ponzi scheme, using falsified FDIC documents to lure investors.^[30] Consequently, several banks and groups of private investors filed suits against Lou Pearlman for failing payments on loans and investments.^{[31][32][33][34][35][36]} In their suit filed on December 28, 2006 Integra bank called Pearlman a 'deadbeat Ponzi operator.' "While Pearlman's public persona is that of a man whose life seems lifted from a Horatio Alger story--a life filled with glamour, glitz and financial success beyond most peoples' dreams--Integra's recent dealings with Pearlman and his first company, TCA, would indicate that this outward mask conceals the fundamental economic instability more common to a Ponzi scheme."

On January 22, 2007, the Orange County Sheriff's Office seized Pearlman's 1968 Gulfstream jet and turned it over to the First International Bank & Trust.^[37] "Two additional loans--each for $10 million--were to be used to build an entertainment complex and develop three television shows with MTV, among other endeavors." On January 27, 2007 some Trans Continental employees were laid off and office equipment was seen being removed from Trans Continental headquarters in Downtown Orlando.^[38][39]

[edit] Trans Continental Savings Program

In February 2007, Florida regulators announced that Pearlman's Trans Continental Savings Program was indeed a massive fraud and the state took possession of the company. Most of the at least $95 million which was collected from investors, was gone. Orange County Circuit Judge Renee Roche ordered Pearlman and two of his associates, Robert Fischetti and Michael Crudelle, to bring back to the United States "any assets taken abroad which were derived from illegal transactions." The court ordered receivership froze company assets as the state investigation continued. Pearlman was reported to be in Germany or Israel.^[40][41][42]

Soon after, claims grew to more than $130 million, not including the previous $33 million judges had recently ordered him to pay on previous lawsuits. But according to Pearlman's letter to the Orlando Sentinel the claims of Florida state, the banks and the investors were nothing but lies.^[43] "I know a lot of people come at me, as a deep-pockets theory," he said then. "The more successful you get the more lawsuits you get, unfortunately."

By February 6, 2007, there were more than $317 million in claims at that point.^[44] That figure later grew to $500 million^[45] Due to Pearlman's dealings, several banks, as well as individual investors, may be out millions of dollars. North Dakota banks may lose more than $20 million in soured loans. At least two banks have already filed lawsuits.^[46]

[edit] A Ponzi Scheme

The investigators then took control of Pearlman's Trans Continental company website and began using it to convey information to investors and media. The amount of missing money was reported to be one of the largest in Florida, if not the United States, for a Ponzi scheme.^[47] It was soon revealed, according to records filed by the Office of Financial Regulation, that many of Pearlman's misrepresentations had first been brought to the attention of authorities almost a decade before.^[48][49] A federal investigator suspected as early as 1995 that Lou Pearlman's investor program might not be as secure as the mogul claimed--and asked Florida officials to investigate. But despite that and other red flags raised in 1999, 2001 and 2004, government authorities did not seek to shut down the Orlando-based investment program until late last year. The local alt weekly Orlando Weekly was not pleased, having blown the whistle on Pearlman several times in the past years.^[50] "Old news, amigos. We told you three years ago that Pearlman was a corpulent pusbag who would rip off anybody and anything within reach of his scaly appendages. But did you listen? No, you did not."

[edit] Bankruptcy

On February 15, 2007, the Federal authorities served a warrant on Pearlman's companies, conducted by various agencies, the state of Florida, FBI, the IRS, and the FDIC. Some of Pearlman's attorneys filed a court motion to withdraw from representing him.^{[51][52][53][54]} "Pearlman's property manager has stayed on to continue paying utility bills and such, but told Eyewitness News he has not been paid for three months. He also said that Pearlman's company intercepted the most recent rent payments from the tenants there and disappeared with that money." In February, Pearlman's home was put up for sale^[55] Shortly after, Pearlman officially resigned from Trans Continental Airlines.^[56] FF Station LLC, Lou Pearlman's company that owned Church Street Station, filed for Chapter 11 bankruptcy protection.^[57] Ten more of his former companies were put under the control of a court-appointed administrator to protect any remaining assets. The receivership now included Trans Continental Airlines, Trans Continental Airlines Travel Service and Trans Continental Enterprises, Louis J. Pearlman Enterprises, Trans Continental Records, Trans Continental Talent, Fashion Rock, Trans Continental Travel Service, Trans Country music Group, Trans Continental Studios, Trans Continental Aviation, and Aegis Consulting.^[58] Two auctions selling Lou's assets were later held in July and August 2007. The small profits (both about $300,000) were used to begin paying back investors.^[59]

On March 27, 2007, Soneet R. Kapila was appointed Chapter 11 Trustee of the bankruptcy estates of Louis J. Pearlman and Trans Continental Airlines, Inc. in the United States Bankruptcy Court, Middle District of Florida, Orlando Division by Felicia S. Turner, United States Trustee, Region 21. The Bankruptcy Court signed the order on March 30, 2007.^[60]

[edit] Arrest

Pearlman was arrested in Indonesia on June 14, 2007 after being spotted by a German tourist couple.^[61] Pearlman was then indicted by a federal grand jury on June 27, 2007.^[62] Specifically Pearlman is charged with three counts of bank fraud, one count of mail fraud and one count of wire fraud. On July 11, 2007 at a bond hearing, the Judge set a September 4, 2007 trial date in Federal Court for Pearlman on the bank fraud charges.^[63] Pearlman requested, and was granted, a delay in the start of his trial. Pearlman's trial was then scheduled to begin on March 3, 2008.^[64] Other criminal indictments were expected to follow. A civil lawsuit currently in progress also faults Governor Charlie Crist. The suit alleges that he delayed or interfered with investigations as attorney general at the time.^[65]

Radar magazine obtained a brief exclusive interview with Pearlman which was published in their October 2007 issue. According to the interview, Pearlman sees himself as unfairly represented in the media, but unable to legally talk; he discusses past achievements, new acts, and claims he is still getting a profit off the Backstreet Boys.^[66] "I'm planning on this chapter ending soon....This is just one of those hurdles in life that you have to get past....I mean the Backstreet Boys are about to get going again. They had a band member quit, but they're about to stage a comeback...we are still entitled to a share of the revenue." Through friends, Pearlman has denied all allegations and claims to have been set up. He has promised to find the real culprits as soon as he can get out of jail on bond.^[67]

A superseding information was filed on March 3, 2008 in anticipation of a guilty plea. On Thursday, March 6, 2008, Pearlman changed his plea to guilty.^[68]

[edit] Additional charges

Lou Pearlman is an Executive Producer of four Tag Entertainment movies entitled Motocross Kids , Supercross: The Movie / Supercross, Red Riding Hood and Popstar . None or few of the investors in these movies have ever been paid, and there seem to be no legitimate financial records. California has issued a DESIST AND REFRAIN ORDER for films where Louis Pearlman is an Executive Producer. Tag Entertainment originator Steve Austin has been arrested, prosecuted, and plead Guilty for "Various Acts of Fraud" regarding a criminal case brought by the United States Department of Justice.^{[citation needed]} The case widened with an FBI investigation that has been ongoing for years. Additional defendants including Lou Pearlman may be prosecuted by the Justice Department with regard to fraud charges due to his activities as Executive Producer. There are actions waiting by various States and hundreds of investor lawsuits filed. Many name Lou Pearlman beside other producers as defendants with productions where Lou Pearlman is Executive Producer, and also other related movies he is not involved with. See: http://www.oag.state.md.us/Securities/Actions/2007/TAG%20FinalCD_10_07.pdf

On July 14, 2008, documents by Assistant U.S. District Attorney Roger Handberg were made public. Handberg is requesting that U.S. District Judge G. Kendall Sharp order Pearlman pay restitution for losses and interest to the federal government in the total amount of $424.4 million. ^[69] At a hearing on July 16, 2008, Judge Sharp decided to postpone the payment of interest penalties stating that the $297 million principal owed to investors and banks needs to be recouped first. He did, however, order Pearlman to be sent from the Orange County jail to federal prison to continue carrying out his 25 year sentence. ^[70]

[edit] Other controversies

[edit] Talent scouting scandal

In September 2002 Pearlman purchased the Internet oriented talent scouting company Options Talent which would go through several names including Trans Continental Talent, TCT, Wilhelmina Scouting Network, WSN, and finally the Web Style Network before disbanding. Pearlman then started another similar scheme this time with the names Fashion Rock, and Talent Rock. Options Talent had been started as eModel (later Studio 58 and other names) by Ayman Ahmed El-Difrawi who had a criminal record, spent nearly four years in prison for fraud, and is banned from doing business in Illinois.^{[71][72][73][74][75]} Additionally, court documents show that prosecutors found El-Difrawi (variously known as Alec, Alex, Michael - Defrawy or Difrawi) had used multiple aliases to further his fraudulent activities including Michael Chandler, Michael Jensen and David Mellon.^[76][72]

Originally, Pearlman downplayed El-Difrawi's part in the business stating that he was "just the computer guy." Later, when Pearlman tried to distance himself from the criminals in the organization, he admitted that El-Difrawi was a principal in the organization that, "he set the whole thing up; he was the one that really developed the business."^[77] The former director of the company's Atlanta office said, "It's Alec, He runs the whole thing."^[78]

The SEC noted that Trans Continental had issued shares and paid monies to trusts which, in turn, owned consulting companies that employed El-Difrawi, Ralph Edward Bell, Cortes Wesley Randell, and Jason Hoffman. These consulting arrangements kept names off paperwork, nonetheless the SEC forced Trans Continental to disclose the felony records of El-Difrawi and Randell, and that the FTC had sought permanent injunction against Bell and Hoffman for using deceptive practices in a modeling business.^[79]

Regardless of the name, all incarnations of the Talent Scouting networks were nothing more than a website which young hopefuls paid money (usually around $2000) to have their pictures and some information posted on the site in promises that 'A&R' would scout the site and the young talent may be discovered. Models, Musicians, Dancers, and Singers were all 'promised' a chance to sign up. No such promotion of the talent seemed to occur and no talent appears to have been 'discovered' via the costly site.^[80] Agencies Ford and Elite asked to have their names removed from the company's web site and said they have never used models from the company.^[81] Other agencies had problems with the modeling company's use of their name in reference and Bill Ford of Ford Models said, "They say they work with us. We do not work with them. They're not reputable people."^[82]

As early as 2001, local and national media in many of the major cities where the talent agency set up shop independently declared the company a scam that took people's money and didn't live up to promises. Many news outlets did hidden camera investigations. The allegations in the media, begun before Pearlman bought the company, continued throughout his ownership.^{[83][84][85][86][87]}

In September 2002, Pearlman purchased a major share of Orlando's 'Karma magazine' which he then renamed 'Industry Magazine' and turned the publication into a franchised celebrity magazine while using it as an in-house promotional piece for Transcontinental Talent.^[88] Industry was founded by TCT's Ayman Ahmed El-Difrawy (aka Alec Defrawy, Dufrawy), ralph Edward Bell, and Armand Kulpa (Trans Continental Talent's VP of Sales and Marketing).^[89][90][91] Notably, Ralph Edward Bell (Along with TCT's Jason Hoffman) had already been in trouble with the FTC regarding another modeling agency scandal.^[92] (The other websites that are hosted on the same server as industrymagazine.com and the used attorney in the trademark case (Alex Finch), show Defrawy's current involvement with 'Toospoiled', 'Good Grades Now' and 'Ask America', owned by Internet Solutions Corp.^[93][94])

The New York State Consumer Protection Board did issue a consumer alert about the then named WSN/TCT due to many consumer complaints.^[95] The CBP issued a statement in 2003 that this was the largest example they had found of a photo mill scam. In the same statement, State Senator Charles Fuschillo Jr. said, "By targeting the young, hopeful and innocent of our state, these 'agencies' try to make a quick, dishonest dollar and that is unacceptable..."^[96]

In 2003, the San Francisco labor Commissioner declared that the company was acting as a talent agency and that its practice of collecting money up-front was a violation of California law. The San Francisco District Attorney's office along with agencies in Florida, Hawaii, and Massachusetts were reported to be investigating.^[97]

Also in 2003, a walkout of key firm members El-Difrawi and Ralph Edward Bell led to the theft of some credit card numbers of the company's customers. Although it is unclear who took the numbers, charges started appearing which were traced to Eyemodel, a new modeling company started by Bell and El-Difrawi.^[98]

In Florida about 2,000 complaints were filed with the then Attorney General Charlie Crist and the Better Business Bureau. A lawsuit was in preparation by Assistant AG Jacqueline (Jackie) Dowd, as a result of a two year investigation. The case never made it to court. A few months after Dowd's unexplained replacement by John MacGregor, the inquiry was discontinued because in MacGregor's opinion the probe was unable to find quote, "any substantial violations," and the company was bankrupt - leaving no deep pockets to collect damages from."^[99][100]

In 2004, Pearlman started an aggressive campaign against some websites that contained criticism (both facts and opinions) of his companies methods of talent scouting. To "attack critics" more than a dozen sites were erected by then Fashion Rock CEO Mark Tolner^[101] and by Fashion Rock business model creator Alec Defrawy ("The Bureau of Ethical Internet Commerce").^[102]

By June 2004, Fashion Rock, LLC filed a civil suit for defamation against a number of individuals and companies (the alleged "group of criminals"). According to the Orlando Business journal this was done after Orlando City Council member, Vicki Vargo questioned TCT's practices and whether the city should award Pearlman incentives to move his business to Church Street Station.^[103] No evidence was ever presented by Fashion Rock. Defendants alleged the suit was frivolous, and only meant to harass and to hurt them financially. The cases against co-defendants Bill Rosenberger, Les Henderson, and Roberto Villasenor were dismissed. Consequently the whole case was closed. No reasons for the dismissal were revealed by the Court.^{[104][105][106]}

Canadian anti-consumer-fraud expert Les Henderson filed a libel lawsuit against Pearlman, Tolner, El-Difrawi, Rene Chamberlain (Pearlman's Attorney) and several others. The suit is in progress.^[107][108] Henderson is the author of the book "Under Investigation" about the talent scouting scandals and the questionable way the now current Florida Governor Charlie Crist and his office handled the case.^[109][110]

Fashion Rock, LLC lived on until February 2, 2007 when Bank of America filed a suit against the business.^[111] The state shut the company down not more than a week later.^[112] In March the assets of Fashion Rock were sold to Californian Alan Joelson company Camino Ventures^[113] Their daughter company Talent Rock Holdings, LLC continues to run talent scouting event Talent Rock and its websites since April 2007. Half a year later Talent Rock still used "legendary music manager Lou Pearlman’s multi-Billion dollar Trans Continental conglomerate" as a point of sales.^[114] In May 2008 talentrock.com disappeared. The BBB of Central Florida received complaints requesting refunds and were advised Talent Rock is notifying clients they are out of business.

[edit] Boy band financial scandals

There is no standard industry contract for determining the percentage of profits for recording acts, though the average figures run about 25% to the record label, between 15% and 25% for management and another possible 15% to an agent. Musicians typically get 8 to 10 cents on the dollar, writing credit, and performing credit, while merchandise and tour sales are usually their own to split with a promoter.^[115]

Pearlman was paid as a sixth member of the Backstreet Boys.^[116][117]

Except for US5, all of the musical acts who have worked with Pearlman have sued him in Federal Court for misrepresentation and fraud. All cases against Pearlman have either been won by those who have brought lawsuits against him, or have been settled out of court. But no matter how they have been settled, all cases have also ended with a confidentiality agreement, meaning none of the parties are allowed to discuss Pearlman's practices in depth. "They find talented kids, sign them, watch them get successful, don't pay them, wait for them to sue and then settle the cases," Yanger said. "It is not an isolated case."

The members of Backstreet Boys were the first to file a lawsuit against Pearlman because they felt their contract, under which Pearlman collected as both manager and producer, was unfair. It began when member Brian Littrell hired a lawyer to determine why the group only received $300,000 for all their work, while Pearlman and his record company were making millions. Fellow boy band *NSYNC had similar issues with Pearlman, and its members soon followed suit. According to VH1's 100 Most Shocking Rock & Roll Moments, Pearlman and BMG claimed nearly all of the $300 million *NSYNC had made from record, tour, and merchandise sales. This left only $7 million for the five members of the band. Frustrated, *NSYNC attempted to leave RCA and sign with competitor Jive Records, a migration which Pearlman tried to prevent with legal action. Both BMG's and Pearlman's lawsuit were thrown out of court, and he was forced to pay the group back their rightful earnings.

Former *NSYNC star Justin Timberlake said, during a September 2006 interview with Rolling Stone: "I was being monetarily raped by a Svengali."^[118]

At the age of 14, teenage pop star Aaron Carter filed a lawsuit in 2002 that accused Pearlman and Trans Continental Records of cheating him out of hundreds of thousands of dollars and of racketeering for a deliberate pattern of criminal activity. The suit was later settled out of court. Carter once again took Pearlman to court in 2006; as of November 1, 2007, according to TMZ.com, Carter had won his bid to emancipate himself from Pearlman. The bankruptcy judge ruled in favor of Carter, ordering that his management and recording agreements were no longer in effect. As to who owned Carter's TransContinental Recordings, the judge had not yet ruled as of November 10, 2007.^[119]

[edit] Allegations of inappropriate conduct

For years rumors swirled that Pearlman initiated inappropriate relationships with the boys and young men he worked with. The November 2007 issue of Vanity Fair magazine investigated the claims and found allegations of such conduct made by several former boy band members, including Rich Cronin, 13-year-old members of Take 5, an early member of the Backstreet Boys, and Nick Carter.^[120] Despite the innuendo and rumors that dogged him for years, Pearlman was only threatened with going public a few times. At one point an unidentified male singer or singers (it is unknown how many) threatened Pearlman with going public. J. Cheney Mason, Pearlman's long time attorney, confirmed that the situation was turned over to the FBI for investigation as a possible extortion. No charges were ever filed, however, and nothing came out in public. It is unclear if any future charges may be filed in relation to the claims.^[120]

[edit] References

[edit] External links

• Trans Continental Companies. Former Lou Pearlman company website, now the State investigation website.
• Lou Pearlman case
• St. Petersburg Times editor Helen Huntley's Money Talk Blog covering the History of Pearlman's Bankruptcy
• Page Six Story on Pearlman
• Vanity Fair Article About Pearlman
• ScammedByPearlman.com A resource site for those scammed by Lou Pearlman
• Orlando Sentinal Story Gallery for Lou Pearlman
• Yahoo.com OMG!, May 21, 2008 Producer Lou Pearlman gets a 25 year federal prison sentence, and the Judge says he will reduce the term by one month for every million dollars Pearlman pays of the money he owes investors.

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