Make us your home page

Pearlman sentence: Investors react

Investors who lost money in Lou Pearlman's Ponzi scheme were generally happy to hear that he had received the maximum sentence. But they said it could never compensate for the financial and emotional damage he caused.

"I hope they don't put him in a private cell but in the general population, where he gets what he deserves. I seriously doubt if I'll get anything back. Maybe in my next lifetime."

Rosalie Barbieri , 69, Gulfport, who lost about $20,000 that she had earmarked for medical bills

• • •

"I liked the judge's attitude. … It was very creative on his part."

Margie Colucci, 49, Seminole, who lost $200,000

• • •

"I don't understand why it isn't a year for each million stolen, a year for each person's life ruined. … I hope now the truth comes out about how this was allowed by government."

Monty Montgomery, 68, St. Petersburg, who lost $200,000

• • •

"What he did to so many people is unbelievable. They gave him their last penny to invest, and he lost every penny. He should never be let out. No way."

Horst Kayser, 70, Palm Harbor, who lost $95,000

• • •

"I'm not a revengeful person, but you can't imagine the pain of going through something like this. My dad was a house painter, and he had a massive heart attack after we found out about this. I want to believe Pearlman could raise money to pay people back, but I don't want anyone else schemed again. How, all of a sudden, is he supposed to become trustworthy?"

Joe Vidulich of Port Charlotte, whose 85-year-old father and stepmother's family lost about $500,000

• • •

"I'd like to see the guys that sold it to us right in there with Pearlman. And that includes (now Gov.) Charlie Crist. If he had investigated Pearlman back when he first heard about him in 2004, I never would have invested."

Betty Spivey, 80, Sun City, who lost about $40,000

Kris Hundley and Helen Huntley, Times staff writers

Pearlman sentence: Investors react 05/22/08 [Last modified: Thursday, May 29, 2008 11:07am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. ReliaQuest opens storefront in mock city of JA Biztown

    Economic Development

    TAMPA — ReliaQuest, a Tampa-based cybersecurity company, opened a "storefront" Wednesday at JA Biztown. The storefront is part of a mock city where students learn economic concepts and run businesses. About 20 real-life Tampa Bay companies sponsor storefronts that local students get to run for a day as part of a …

    ReliaQuest, a Tampa-based cybersecurity company, opened a "storefront" Wednesday at JA Biztown, a mock city where students learn to run businesses. | [MALENA CAROLLO, Times]
  2. Love My Dog owner promises to treat dogs like her own


    SOUTH TAMPA — Lots of folks daydream about quitting their jobs to play with dogs, but shortly after moving to Florida 15 years ago, Natalie Conner actually did it.

    Some happy customers at the grand opening of Love My Dog Pet Resort’s third location in South Tampa on Oct. 14.
  3. Family brings edible cookie dough to Collins Produce stand


    VALRICO — Like anybody with a sweet tooth, Scott Laviano has been known to sneak behind his wife, Rose, while she bakes cookies and steal one of the dough balls from the baking sheet before it hits the oven.

    Scott, Rose and Scottie Laviano have opened Eddie Bull’s Cookie Dough inside Valrico’s Collins Produce.
  4. Philanthropist Helen DeVos, wife of Orlando Magic owner and mother of Betsy, dies at 90


    GRAND RAPIDS, Mich. — Helen J. DeVos, a philanthropist from western Michigan known for her support of children's health, Christian education and the arts, has died at age 90, her family said Thursday.

    Orlando Magic owner Rich DeVos, left, waves to fans while watching court side with his wife, Helen, during the first half of an NBA basketball game against the Chicago Bulls in Orlando. The family of Helen DeVos said the philanthropist from western Michigan known for her support of children's health, Christian education and the arts has died. She was 90. Her family said she died Wednesday, Oct. 18, of complications from a stroke following a recent diagnosis of myeloid leukemia. [Associated Press]
  5. Former Jabil executive again found guilty for 2008 double murders


    Patrick Evans, the former Jabil executive charged with the deaths of his wife and her friend, was found guilty by a jury Wednesday night.

    Patrick Evans talks with Allison Miller, one of his three public defenders, before jury selection continues in his trial Wednesday 10/11/2017. Patrick Evans, a former Jabil executive charged with killing his estranged wife and her friend almost ten years ago, was back in court for a second trial after his original death sentence conviction was overturned by the Florida Supreme Court.