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 Cash for Jail Time

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RR Phantom

RR Phantom

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Cash for Jail Time Vide
PostSubject: Cash for Jail Time   Cash for Jail Time Icon_minitimeWed May 21, 2008 9:18 pm
Boy band mogul Lou Pearlman, who launched Backstreet Boys and 'N Sync, has been sentenced to 25 years in prison for swindling investors and major US banks out of more than $US300 million ($313 million).

But US District Judge G Kendall Sharp gave Pearlman the chance to cut his prison time by offering a one-month reprieve for every $US1 million in cash he helps a bankruptcy trustee recover for his victims.

Theoretically, Pearlman could cancel his entire 300-month sentence by repaying the $US300 million debt.

His lawyer, Fletcher Peacock, said in a written plea that 25 years amounted to a "sentence to death in prison" for the 53-year-old impresario who lived a jet-set life of mansions and luxury cars before the fraud scheme collapsed.

LNK
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CovOps

CovOps

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Cash for Jail Time Vide
PostSubject: Re: Cash for Jail Time   Cash for Jail Time Icon_minitimeThu May 22, 2008 3:48 am
Like an anarchist solution...
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