Innovative boy-band creater Lou Pearlman, known for managing such greats as the Backstreet Boys and N’Sync, was apprehended on charges of fraud while vacationing in Bali, and brought to US territory in Guam for placement in federal prison. He will be transferred to Florida for his actual sentencing.

Pearlman, who had been registered under the name “Incognito Johnson”, is allegedly responsible for defrauding $500 million dollars from 200+ investors.http://www.reuters.com/article/entertainmentNews/idUSSP7888120070618?feedType=RSS