Make us your home page
Instagram

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

Loading...
  1. Appointments at the Tampa Metropolitan Area YMCA and the Straz Center highlight this week's Tampa Bay business Movers & Shakers

    Business

    Charities

    The Tampa Metropolitan Area YMCA has named Matt Mitchell its new chief executive officer, effective Oct. 16. Selected by the Y's CEO Search Committee following a five-month search, Mitchell will succeed Tom Looby, who is retiring. Looby has served the Y Movement for 37 years, the past 10 …

    The Tampa Metropolitan Area YMCA has named Matt Mitchell as its new Chief Executive Officer. [Handout photo]
  2. Rep. Larry Ahern gets roughed up by Clearwater City Council

    State Roundup

    It seemed innocuous enough: an "end of session report" from state Rep. Larry Ahern, R-Seminole, to the Clearwater City Council.

    Then Ahern got taken to the woodshed.

    Rep. Larry Ahern is vying for a seat on the Pinellas commission.
  3. There's a bar in Tampa where you can roller skate and eat sushi

    Food & Dining

    Roller skating, it's not just for kids birthday parties and the 1970s anymore.

    The exterior of Pattinis features this mural by Art Aliens! [Pattinis South Tampa via Facebook]
  4. Lockdown: Florida's 97,000 prison inmates confined through weekend

    State Roundup

    All of Florida's 97,000 state prison inmates are on lockdown — and will remain confined to their dorms at least through the weekend — in response to unspecified threats about possible uprisings, officials from the Florida Department of Corrections confirmed Thursday.

    Blackwater River Correctional Facility. [Florida Department of Corrections]
  5. Carnival announces five more cruises from Tampa to Cuba

    Tourism

    TAMPA — Carnival Cruise Line is adding five more cruises from Tampa to Cuba in 2018, Port Tampa Bay announced Thursday.

      Carnival Cruise Line announced additional cruises to  Cuba. Pictured is its Paradise cruise ship departing on its inaugural voyage to Cuba from Tampa. | [MONICA HERNDON | Times]