Lou Pearlman, the king of boy bands, has been charged with scamming and fraud. It appears that for years Mr. Pearlman has been scamming and defrauding anything that moves. However, his largest scams known to date are N'SYNC and the Backstreet Boys.
"Honestly, the cops, feds, or whoever takes care of this stuff, should have known back in the 90s he was doing this. I mean come on N'Sync, Backstreet Boys and who knows how many others. Please, I could have told you he was a con back then," says David Geffen. "Nobody would willing set up a boy band. They don't last. That's got to be one of the greatest scams of all time."
Pearlman stands by the fact that the boy bands were legitimate business. It was the fake airline that started it all, back in 1981. Unfortunately, the judges and prosecution aren't buying it.
"There is no way you are going to tell me that the 'boy band' thing, wasn't where this all started. It has to be. We would have known about the airline, bank, and accounting firms. He just doesn't want to get busted for the boy bands because of how much he made off of them. That's a lot of restitution there. I mean how many innocent schmucks bought tickets, c.d.s and Lord knows what else. It's easier to payback the other 'scams' he's claiming to have done," says prosecutor Michael Sharke.
Pearlman has offered to roll over on his accomplices. Unfortunately for Pearlman, Jive Records has already turned over everything that have on the boy bands.
"I still can't believe that, we here, at Jive got scammed so bad. On top of that he is saying that we were in on it? No, that's a flat out lie. Had we known, which I admit we should have, we would have turned him and his boy bands down flat. But it seemed like a good chance to get boy bands some decent recognition. Just wish we had seen it coming," says a Jive spokesperson.
The former boy band members couldn't be reached for comment. Although it looks like Pearlman may start pointing the finger at them, now that the Jive angle has been debunked.
"Everything is still up in the air right now. But we will find everyone involved, and clear the ones that weren't. That's what we do. It's who we are," Mr. Sharke stated.
The trial start is set for April 1, 2008. The denfense is hoping to get enough fans on the stand to prove that boy bands were real. That they were the one and only legitimate business. If they can't prove that then the Pearlman has no chance of walking away from the 25 year sentence.
"This is to all N'Sync, Backstreet Boys, and any other boy band fans out there: Please, Please, Please come forward on behalf of Mr. Lou Pearlman. Let the judges know that these were not scams, that these were real hardworking boy bands. Please?" A statement released by the Pearlman defense team.
"Man, even his defense team knows this was the scam of the century. I mean they are desperate. But, I can see why, the only lawyers Mr. Pearlman could afford were fresh out of law school. Well, as they say, 'We'll let the jury decide'," says a music industry insider.
"For the fans, I hope the boy bands weren't a scam, but I am not going to let this cloud my judgement. We will see what happens in court. We will let the jury decide," says Judge Maxwell.