Pearlman to face charges in US
2007-06-26 15:54
Orlando - The creator of the Backstreet Boys and 'N Sync boy bands is back in the mainland United States and should return to Florida within two weeks to face bank fraud charges, authorities said on Monday.
Lou Pearlman was flown to Los Angeles, the US Marshal's Office said. He had been detained in the US territory of Guam after being expelled by Indonesian authorities earlier this month.
He was charged with one count of bank fraud in a criminal complaint filed in March and unsealed this month after his arrest. He is accused of securing about $20m in loans for himself and his companies using bogus financial documents from a fake accounting firm.
Pearlman also faces a number of civil complaints, and his assets have been liquidated in two bankruptcy cases.
He is most famous for forming the '90s boy bands, but he was also involved in airplane charter, real estate, model scouting and restaurant ventures.
- AP