Guilty!
Filed under: Legal Matters
Fat Bastard himself, Lou Pearlman, struck a plea deal with prosecutors Monday morning in his federal bank fraud case.
The man behind the Backstreet Boys and N'Sync, is changing his plea to GUILTY this coming Thursday.
He initially proclaimed his innocence.
The Feds say he defrauded banks out of more than $100 million.
Pearlman is also suspected of stealing another $300 million from investors. The fraud victims want the shady Pearlman to tell prosecutors where their money is stashed.
When Pearlman's public defender was asked if a revelation of the $300 mil was part of the plea bargain he cryptically responded, "The plea will result in a resolution of the case."
We hope the Feds have a strong case against Pearlman and that the people he victimized won't get screwed!
Sentencing won't be for a while, but Louella needs to go a way for a long long time.




WHOEVER STATES that he´s no molester, DID NOT read the Vanity Fair article.
Poor Justin, washing his hands every 10 minutes….;-(
Typical Jew after the money…
Re: Tray Biner –
Yes I have, and it's crap. Check out his response at showbizz dot com. You honestly think people wouldn't make shit up on him after what happened? People who hate do that.
Phillip Seymour Hoffmann should do the film adaptation.
Is this the guy who fed the Backstreet Boys and N*Sync his loads?
Maybe he can find some loose change in his neck
popa louuu fatman is busttedd (again)
hah the only good thing about this douche is the fact that he managed *NSYNC and Backstreet Boys
otherwise hes a fat fuck
What comes around goes around, douche bag!!
Didn't he molest Nick carter too?
perez, your the shit
i come to this site a loott.. lol
it never gets boring !
wooot woooo