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Boy-Band Brain Gets 25 Years for Fraud

Pearlman gets max for scamming investors, banks out of $300M

By Elizabeth Wolff,  Newser User

Posted May 22, 2008 11:21 AM CDT

(Newser) – Lou Pearlman, the honcho behind the Backstreet Boys and 'N Sync, was sentenced yesterday to the maximum of 25 years in federal prison for masterminding a decades-long scam that bilked thousands of investors out of some $300 million, the AP reports. "The sympathy factor...   Read full story »

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