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Former 'N SYNC Manager Arrested

By: Jaimie

Updated: June 18, 2007

A mover and shaker in the entertainment industry will head back to the US to face charges of scamming an Evansville bank out of 20 million dollars. Lou Pearlman is the creative mind behind groups like N SYNC and the backstreet boys. Police arrested him friday and he appeared in court in Guam today. Officials say he will likely be extradited from the US territory within 10 days. Indictments unsealed Friday in Florida say pearlman secured loans through integra bank for a company that didnt exist

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