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Judge: You can get out of jail if you...

Pay back every cent!

http://news.yahoo.com/s/ap/20080521/...e_lou_pearlman

Quote:

Lou Pearlman, the man who created the Backstreet Boys and 'N Sync, was sentenced Wednesday to 25 years in federal prison.
It was the maximum sentence the boy band mogul could receive for allegedly swindling some $300 million from investors and banks since the early 1980s.
However, the judge said he would reduce Pearlman's sentence by one month for every $1 million returned to investors.

So I did the math :

25 years times 12 months = 300 million dollars

:1orglaugh:1orglaugh:1orglaugh

At least he can't get out of jail for Free - shoulda played more monopoly...

He created the backstreet boys and n sync and didnt get the death penalty? wtf!

Quote:

Originally Posted by PR_Tom (Post 14217367)

He created the backstreet boys and n sync and didnt get the death penalty? wtf!

HAHAHAHAHAH, should have gotten a parade for ripping them off

Quote:

Originally Posted by PR_Tom (Post 14217367)

He created the backstreet boys and n sync and didnt get the death penalty? wtf!

:1orglaugh:1orglaugh:1orglaugh

i would be giving up all the $ i had. no point in having $ if you're going to spend almost half your life in jail.

lol yeah, I'm sure the judge checked how much money the guy really has ahead of time though. If he could whip out 300 mil I'm sure he would. I know I would!

Quote:

Originally Posted by PR_Tom (Post 14217367)

He created the backstreet boys and n sync and didnt get the death penalty? wtf!

he also moltested them...

Quote:

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.[112] 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.

http://en.wikipedia.org/wiki/Lou_Pea...priate_Conduct