
Archive for March, 2008
Maus Force Attack
Boy band creator pleads guilty in $300 million fraud
A former boy band mogul pleaded guilty on Thursday to an audacious fraud that used fake accountants, fake bank accounts and a dead man’s signature to swindle banks and investors out of more than $300 million.Lou Pearlman, known for launching the Backstreet Boys and ‘N Sync, took a plea deal in a U.S. court in Orlando on two counts of conspiracy involving bank and investor fraud, one of money laundering and one of making false claims in a bankruptcy.
“I’m accepting full responsibility,” Pearlman, 53, told U.S. District Judge G. Kendall Sharp.
The pudgy, white-haired Pearlman, wearing blue jail scrubs and shackles, acknowledged the details of the fraud laid out in his plea deal during almost an hour of questioning by Sharp.
The judge set a sentencing date of May 21. The charges carry a maximum prison term of 25 years and a $1 million fine, but the deal offers Pearlman the possibility of a reduced sentence in exchange for full cooperation in recovering money to repay investors.
Boy band creator pleads guilty in $300 million fraud | Entertainment | Music | Reuters
Nine Inch Nails Uploads New Album to BitTorrent Sites
“Now that we’re no longer constrained by a record label, we’ve decided to personally upload Ghosts I, the first of the four volumes, to various torrent sites, because we believe BitTorrent is a revolutionary digital distribution method, and we believe in finding ways to utilize new technologies instead of fighting them.”
Gears of War Patch #1 (Revised)
An updated patch for Gears of War has been released, fixing various performance issues, including the Games for Windows - LIVE update issue.
Download here:
News: Gears of War Patch #1 (Revised) - GamersHell.com
Coming soon: Movies on flash memory cards
GALWAY, Ireland–PortoMedia is probably the only start-up in the world inspired by the movie Carlito’s Way.
Company founder Chris Armstrong explains: Four years ago, he set out to his local DVD store to rent a movie. First, he stopped at the ATM to get cash. The store didn’t have Twelve Angry Men, the movie Armstrong wanted. He settled for Carlito’s Way instead. He then waited in line, paid for his rental, and returned to his car.
Then he remembered another movie, Gone in Sixty Seconds, the title of which got him wondering why the process of renting movies, from start to finish, can take so long.
Coming soon: Movies on flash memory cards | CNET News.com


