Shit Out Of Luck

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More trouble for the original Fat Bastard, Lou Pearlman.

Federal prosecutors have determined just how much money Lou owes all the people he has stolen from.

The answer? He owes $424.4 million!!!!

Pearlman was handed down a judgement of $297 million in losses to the people he defrauded. Then, in addition to that, prosecutors are demanding that he also pay $127 million in interest that has accrued since January 1989 through December 2006.

We hope he has that money tucked away somewhere safe!

Last month, Lou was sentenced to 25 years in prison.

However, Fletcher Peacock, Pearlman's attorney, said he will object to the sleaze-bag having to pay interest on the restitution amount which he says should only be about $300 million.

Peacock says, "The interest was fictional at best. If Mr. Pearlman made interest on the money, then certainly, I could understand how the victims would be entitled to that."

Well, the value of money fluctuates, and a dollar back in 1989 isn't worth the same as a dollar today.

Pearlman should pay back the money and interest - if he can even pay back anything at all!

As of today, only about $5 million has been recovered in other Pearlman bankruptcy cases.

Wonder what he spent all his money on?

    Posted: Jul 15, 2008 at 1:15 pm / Email this  »

    52 comments to “Shit Out Of Luck”

    1. MARCE says – reply to this


      1

      2ND



    2. 2

      thats alot

    3. lulu says – reply to this


      3

      haha

    4. me says – reply to this


      4

      He spent the money one little boys that look like Justin Timberlake.



    5. 5

      Perez, you're wondering what he spent all his money on?

      FOOD darling!

      xoxo, Isa

    6. ANNA says – reply to this


      6

      THIS SHIT IS WACK PEREZ! LOOOOOOOOL

    7. Chris says – reply to this


      7

      He probably spent it on wining and dining little boys throughout the world. What a fucking slimy douchebag! I hope that while he's in jail he gets treated just like one of the poor little boys he has molested.

    8. vicke says – reply to this


      8

      Your logic is flawed. In fact the dollar is worth less today than it was in 1989

    9. loufa says – reply to this


      9

      He used the money to pay for a never ending supply of teenage boys. Same thing you do with your money!

    10. Themi says – reply to this


      10

      So then that makes you a Fat Bastard Clone Perez??????!!!!!

    11. skinE says – reply to this


      11

      who the hell did he steal all this money from fuckin fatass

      he spent the money getting fatter and fatter with food!

    12. me says – reply to this


      12

      he looks like pedofile

    13. skinE says – reply to this


      13

      Re: vicke – yeah the logic is flawed that the value of the dollar is less today then in 89. wouldnt it be worth more today

    14. rick says – reply to this


      14

      Big Lou was voting for Obama

    15. KIKI says – reply to this


      15

      FOOD FOR HIS FAT ASS

    16. jessi says – reply to this


      16

      SOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    17. Debdo says – reply to this


      17

      Well we know what he WAS NOT spending his money on….WEIGHT WATCHERS.

    18. Georg says – reply to this


      18

      He spent it on Taco Bell and KFC!

    19. me says – reply to this


      19

      As of July 23, 2001, the Associated Press list of the worst serial killers in the United States was topped by Donald Harvey, followed by John Wayne Gacy, Patrick Kearney, Bruce Davis and Dean Corll in descending number of victims (www.crimelibrary.com). All these perpetrators of serial crimes in the 1970s and 1980s engaged in homosexuality, and the majority of the victims for the last four killers were boys.

    20. Sam says – reply to this


      20

      Some of the musical acts that Lou was behind:

      Backstreet Boys
      'N Sync
      O-Town
      LFO
      Take 5
      Natural
      US5
      Jordan Knight
      Aaron Carter
      Smilez and Southstar
      C-Note

      I think BSB and 'Nsync were the only ones to make out with a good amount of money, only after taking Lou to court. Everyone else got screwed!

    21. aj says – reply to this


      21

      kiddie porn, cock rings, lube and cheetos, that's what!!

    22. me says – reply to this


      22

      When all other cases of child molestation from the Lexis-Nexis search are added to these stories, there were 2,181 perpetrators in the 1,914 distinct events whose sexual proclivities could be characterized by the sex of their victim: 41% engaged in sex with their own sex, the remaining 59% with the opposite sex (another 118 perpetrators violated at least 190 children whose sex was not given). Of the 5,630 underage victims of these molestations, 61% were victimized by individuals who engaged in homosexuality. And those who performed homosexual seductions were quite one-sided: 3,386 of their victims were boys, only 60 were girls.

      Overall, there was a slightly higher rate of homosexuality among perpetrators who raped and killed than among those who “merely” raped or molested (43% vs. 41%). In addition, the proportion of victims attributed to homosexual perpetrators who raped and murdered was higher than the proportion attributed to homosexuals who only raped or molested (68% vs. 61%). All of the cases involving eating or torturing the victim were committed by homosexual practitioners.

    23. coobs says – reply to this


      23

      That is SO Perez's DAD!!!!

    24. bernd says – reply to this


      24

      looks like Perez brother

    25. me says – reply to this


      25

      One hundred and three news stories involved the rape and/or murder of children: 90 involved the molestation and murder of a child or children, 11 stories involved only the abduction and rape of children, and two the rape and mutilation, but not the murder, of the children involved. Of the 90 news stories where the child was raped and murdered (0.47% of the unique child molestation stories), 40% involved homosexual molestation.
      Of the 95 perpetrators in these 90 stories, at least 43% engaged in homosexuality. These included 39 men, a boy, and a woman who all engaged in homosexuality, and 47 men and 7 boys who engaged in heterosexuality with victims. Of the 217 victims, at least 68% were victimized by homosexual perpetrators, and at least 67% were boys. Boys were also mutilated in the two stories involving mutilation. Furthermore, both multiple perpetrators and multiple victims were associated with homosexuality. In the three stories where two or more killers were implicated, the rapes were homosexual. In 69% of the 13 stories involving more than one victim, the perpetrator engaged in homosexuality. Another 11 stories involved a charge of attempted murder. In 64% of those cases, the perpetrator engaged in homosexuality.

    26. jarvi says – reply to this


      26

      1) He probably gave some to former boy banders that he made go through a casting couch (read the Vanity Fair article)
      2) the gay serial killer poster person - rape and murder of boys is pedophilia, not sex. This also ignores Ted Bundy, the Hillside Stranglers, Son of Sam (who attacked heteros), Ed Gein, the Zodiac… and perhaps if homosexuality were embraced as the normal part of nature that it is, these men wouldn't have had such anger over their own gay desires that they had to rape and kill men they were attracted to.

    27. me says – reply to this


      27

      Although murder and rape of children are not common events, they are extremely frightening and can greatly impact the communities in which they occur. As its most precious resource, our society takes great pains to protect children and to ensure their safety. Amazingly, our society is also at the vanguard of the pro-gay rights movement. But consider: a group constituting perhaps 1% to 5% of men (1.3% in the 1996 National Household Survey of Drug Abuse; higher in Black, et al.7, Anderson & Stall8, and Cameron & Cameron9) generated 43% of those who were recorded in the most recent 14 years of news stories as having raped and killed children. That this group also accounts for around a third of child molesters, commits between a third to two-thirds of child rapes, and may be involved in up to half of all murders, adds substance to the traditional belief that participation in homosexual activity is anti-social.

    28. timin says – reply to this


      28

      Re: me – so you were molested by a man who claimed to be homosexual? Because that is the only reason I can think of for you to spew such false vitriol. According to the APA (American Psychological Association), the majority of cases involving pedofiles (which is the proper term given to these horrible human beings) take place not with homosexual men and women but amongst heterosexual men and women and more often than not is committed by someone they know. Your manipulation of statistics is rediculous. Also, your stats are very wrong.

      Idiot.

    29. Chuck says – reply to this


      29

      Fuck Perezz, is this your dad, or maybe your mom,
      could be a twin………fuck you!!!!

    30. Just says – reply to this


      30

      "Wonder what he spent all his money on?"

      McDonalds and Thai sex slaves.

    31. d-bag says – reply to this


      31

      Lou's prison roommate says that Lou's breath STILL smells like Justin Timberlake's cum and asshole.

    32. VOXIE says – reply to this


      32

      WAIT! WAIT!!!!

      IT'S PHILLIP SEYMOUR HOFFMAN MEETS CARNIE WILSON!!!!!!!!

      HHHHHHHHAAAAAAAAHHHHHHHAAAAAAAAAAAAAAAA!!!!!!!

    33. VOXIE says – reply to this


      33

      Re: me

      hey, I know, go and FUCK OFF!!!!!

    34. FUCKu says – reply to this


      34

      Re: me – THAT IS A COMPLETE LIE>. everyone knows that 60-70% of child molesters ARE MARRIED.. and straight. The CHRISTIAN >> BIBLE BEATING CIMMUNITY>. tries to tell a different story.. that and FOX NEWS> CHild molesters who are primarily married fuck their own children

    35. cutie says – reply to this


      35

      and they say black people are thirves and crooks… throw this mofo in jail and keep him there.. no effing rehab or probation like all the white folks get… throw his as* in jail like they do black folks… so unfair… then you sit up and talk about how many black men are in jail DUH!!!!!

    36. JERK says – reply to this


      36

      Re: me

      I can't tell you how much you creep me out. YOUR A FUCKING DOUCHE BAG RED NECK LEAVE —NOW!!!

    37. GOD says – reply to this


      37

      Re: timin – He gets his onformation from FOX NEWS.. and CHRSITAN TIMES MONTHLY>. he must be a pedophile himslef. and he knows Perez is QUEER>. so naturally he would post FALSE statements. I was molested when I was younger.. ALL MARRIED MEN.. ( 3) 2 family members 1 neighbor. all stil MARRIED

    38. 12345 says – reply to this


      38

      the money appears to be 'tucked away' in his gullet.

    39. Susan says – reply to this


      39

      DUH. Flying to third world countries to have sex with young boys…duh.

    40. Hitle says – reply to this


      40

      BIG FAT DISGUSTING GREEDY JEW!!!!!!!!!!!!!!!

    41. jojo says – reply to this


      41

      think that Philip Seymour Hoffman should play him in a movie… They could be twins– seriously!

    42. @v@ says – reply to this


      42

      This guy is the ugly side of the American Dream.

    43. @v@ says – reply to this


      43

      It's probably in a Swiss Bank account or in numbered offshore accounts, or in a pile of boullion locked away somewhere. If he doesn't pay the interest, he'll still come out way farther ahead than he deserves to be.

    44. Summe says – reply to this


      44

      should have got lipo and bypass, then atleast he'd be skinny. Now he's gonna eat our tax dollars in prison. -fat bastard

    45. bridg says – reply to this


      45

      What does a ped look like - well let me tell u why is it any time I see mug shots of these freaks they have large fat heads and double chins - I swear to God keep just watch the news and you'll see and for God's sake keep the kiddies awa away from overweight double chin men.

    46. imagi says – reply to this


      46

      That kind of money is what Sara McLaughlin once called "Fairy Money"; meaning it isn't really real. It's a number on paper. You couldn't actually see that amount of money in any one place at any one time. So in a way, it doesn't exist. Sure, it may legally exist, but it physically isn't in any vault or bank or briefcase. It's legal fiction and can never ever be made real or 'paid back'.

    47. SooSo says – reply to this


      47

      Fat bastard ugly kyke! He probably sold his mother for $1.

    48. splif says – reply to this


      48

      food and bleach, obviously.

    49. Jenni says – reply to this


      49

      Actually, PEREZ is the original Fat Bastard.

    50. Celes says – reply to this


      50

      "Wonder what he spent his money on"? Keeping all the young boys and their families quiet and avoiding a conviction of child molester.
      Sad Sad Sad so Sad that money keeps justice from happening.

    51. colo- says – reply to this


      51

      Perez…..YOUR CALLING HIM FAT?????????
      if thats not the cammode calling the toilet a shitter!
      you do look alot better though.
      chau chau

    52. Jesse says – reply to this


      52

      This should be a "seperated at birth" post with you pic beside it perez!