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Boyband Creator Back In The U.S.

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Jun 25, 2007 12:14 pm US/Eastern

Boyband Creator Back In The U.S.

ORLANDO, Fla. (AP) ― The creator of the Backstreet Boys and 'N Sync was back in the mainland U.S. and should return to Florida within two weeks to face bank fraud charges, authorities said Monday.

Lou Pearlman, 53, was flown to Los Angeles, the U.S. Marshal's Office said. He had been detained in the U.S. 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 after his arrest.

Pearlman is accused of fraudulently securing about $20 million in loans for himself and his companies using bogus financial documents from a fake accounting firm.

He also faces a number of civil complaints, and his assets have been liquidated in two bankruptcy cases.

Pearlman is most famous for forming '90s boy bands, but was also involved in airplane charter, real estate, model scouting and restaurant ventures.

(© 2007 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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