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Date Posted: 13:26:23 06/14/07 Thu
Author: Busta
Subject: Breaking News!

Lou Pearlman Taken Into Custody In Indonesia
Thursday, June 14, 2007 10:39:30 AM

Orlando music mogul Lou Pearlman is in custody.

The U.S. Attorneys Office in Tampa confirmed Pearlman was arrested by the FBI Thursday morning in Indonesia.

Pearlman was thought to be in Germany when federal investigators began to link him to several cases of bank fraud. He is being transferred to Guam to report before a federal judge.

Pearlman has been involved in a number of legal battles.

On Tuesday, thousands of items that once belonged to Pearlman were auctioned off in an effort to raise money toward the millions of dollars in debt claimed by a number of banks and individual investors. Initial numbers showed the auction brought in approximately $200,000.

Source: Central Florida News

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Replies:

[> Looks like auction went well. I heard Joey's family member went there to get some *NSYNC stuff. Now I wonder if he'll be brought back into U.S. for the trial? -- Busta, 13:28:43 06/14/07 Thu [1]

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[> You beat me to it, Busta. My dad sent me the link and I was gonna post it. haha I'm glad they found the scum bag! Uggh! -- Brooke, 00:41:21 06/16/07 Sat [1]

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[> [> I saw a video footage of him being handcuffed on TV news and has been transferred to Guam already. He looks much same. -- Busta, 16:07:37 06/16/07 Sat [1]

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