Lou Pearlman's days of managing The Backstreet Boys and NSYNC are long over and so are his days of being out on the run. The mastermind behind some of the country's biggest boy bands has been arrested by the FBI in Indonesia and taken into custody.
Pearlman was caught on Thursday morning and currently faces a number of legal troubles, which include bank fraud investigation. Although he was initially thought to be hiding in Germany, the U.S. Attorneys Office in Tampa confirmed he was found in Indonesia and is now being transported to Guam where he is set to go to court and wish he had never been caught.
Earlier this week, several of Pearlman's personal showbiz items were auctioned off to raise money towards debts claimed in bankruptcy by banks and individual investors.
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