Jailed Music Tycoon, Lou Pearlman Discovers That Sorry Is An Expensive Word

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He should have been the guiding hand in the cold world of the music industry, yet Lou Pearlman would have stolen his Grandmother's last dollar given half the chance, so, it must come as a blessing to those he took to the cleaners today, as the man who gave the world some of the biggest pop bands, has been given a taste of his own medicine. He is about to start a 25 year stretch for swindling the very people who trusted him.

Anyone had been game for Pearlman and not just his charges within the music industry. Others victim to his scams included family, friends, investors and banks, you name them, they got a slice of the raw deal. Pearlman led those closest to him into thinking they were backing sure favorites for almost two decades - two giant companies which everyone involved thought were multi million pound successful ventures - ventures that only existed on paper.

Yet the real sentencing started when he had come face to face with forceful judge, G Kendall Sharp who, like the name, gave Pearlman a chance to repent, as it were - the deal being that a month would be knocked off the sentence in jail for every $1m he gave back to his poor victims.

The bargain may not sound so far to be in Pealrman's best interests, but when we discover that there was around 250 individuals who had been reeled in by his greedy ridden fishing rod, then a total of $300m equals a heck of a lot of months.

To make matters worse, Kendall Sharp allowed the court to hear all the letters from his victims, just to bring the reality home for him.

Sharp said,

"...his family, his close friends and people in their 70s and 80s who have lost their life savings... So the sympathy factor doesn't run high with the court..."

In his defence, Pearlman had said in a statement,

"Over the past nine months since my arrest, I've come to realise the harm that's been done. I'm truly sorry and I apologise for what's happened."

The judge may have been less harsh if Pealrman had not insisted on delaying his sentencing while he got another boy band off the ground....