Posted by Seth at 3:30 AM on May 22, 2008

Orlando-based pop svengali and accredited Boy-Band-Member Sunburn Inspector Lou Pearlman was sentenced today to 25 years in the fed for a decade-long scam that fleeced thousands of investors—including his own relatives—out of $300 million of their savings. It was the maximum sentence, but the judge showed some mercy by offering Pearlman one-month's deduction for every $1 million he returned. It's a crushing blow to the former impresario behind NSYNC, Backstreet Boys, and O-Town, though we're certain the born deal-maker will take full advantage of the virtual limitlessly supply of fresh male talent at his new home. Expect an all-con boy band resurgence in the coming years, with groups like Twenty2Life and Lockdown dominating the Billboard charts. [AP]

 

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