The person who is generally credited with the creation of two of the major “Boy Bands” in the music business has been sentenced to 25 years in prison on four federal charges.
But his sentence could be reduced significantly if Pearlman can make restitution. The judge made the offer to reduce the time Lou Pearlman would have to serve. For every million he pays back, his sentence would be reduced by a month. Investors who were cheated were ecstatic by this unusual ruling by the bench.
Pearlman pleaded guilty in March to two counts of conspiracy. He laundered money and used false statements to defend a bankruptcy proceeding. He is most famous for creating The Back Street Boys and In Sync that sold millions of records. He is accused of stealing millions from investors over the years. Prosecutors promised to procede aggressively against the impressario.
If you are charged with a crime, a Queens Criminal Attorney must be hired to help you out of your difficulties. Without an a Queens Criminal Attorney you stand a great chance of seeing your rights ignored.
The firm of Stephen Bilkis & Associates and its New York Crime Attorneys with convenient locations in the New York Metropolitan Area including Hempstead, Nassau County Long Island, can be of very valuable assistance to you if you find yourself a party in a criminal action. Facing charges without professional representation could lead to a terrible outcome.