Former Backstreet Boys-*NSYNC manager sentencing scheduled
Former Backstreet Boys- *NSYNC handler Lou Pearlman will be sentenced today in Sunshine State on four federal official charges.
Pearlman pleaded guilty in March to defrauding sir Joseph Banks out of $120 1000000 and stole a further $315 jillion from over 1,000 investors.
The former music mogul agreed to help in the recovery of assets, which include $4 billion owed to his former clients the Backstreet Boys.
Pearlman faces $1 one thousand thousand in fines and 25 years in prison house for confederacy, money laundering and exploitation faithlessly statements.
He once managed Justin Timberlake�??s former stria *NSYNC, and fled the US later his long-term fraudulent activities were exposed. He was arrested in Dutch East Indies last year.
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Juliane Werding