He’s no longer a fugitive!
Former music mogul Lou Pearlman has been caught.
The mastermind behind ‘Nsync and the Backstreet Boys had been running from the law.
Pearlman is accused of swindling millions and millions of dollars from helpless people, defrauding many senior citizens of their life savings.
The fatso was finally taken into custody by the FBI in Indonesia on Thursday morning.
Pearlman being flown to Guam, the nearest U.S. territory, to have an initial appearance before a federal judge.
Earlier this week, Pearlman’s possessions and those associated with his Trans Continental companies were auctioned off and raised more than $200,000.
Unfortunately, that’s only a fraction of the millions of dollars of debts claimed in bankruptcy by numerous banks and more than 1,000 individual investors.
Hope they lock Lou up for a long time.
He should do some time with Joe Francis!
