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Pearlman's stuff to be auctioned off
Rare mementos are for sale in his bankruptcy.
By Helen Huntley, Personal Finance Editor
Published August 9, 2007
Orlando music producer Lou Pearlman's personal property will go up for bid in a bankruptcy court auction Aug. 25 in Orlando, including another treasure trove of memorabilia. There's a gold 45 rpm record of Crying in My Sleep by Pearlman's cousin Art Garfunkel and numerous gold and platinum records for the Backstreet Boys, *NSYNC, US5 and other boy bands Pearlman created. An auction of property from Pearlman's businesses in June drew a huge crowd and made a little more than $200,000 for his bankruptcy estate. This auction includes many items from Pearlman's home in suburban Windermere, among them a baby grand piano, Royal Doulton fine bone china and crystal, furniture and appliances. A complete list and auction details are available at blogs.tampabay.com/money. Pearlman is in jail awaiting trial on federal bank fraud charges. He also has been accused by the state of running an investment scheme that defrauded investors of more than $300-million. Helen Huntley can be reached at hhuntley@sptimes.com or (727) 893-8230.
[Last modified August 8, 2007, 22:39:34]
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