‘N Cognito

Blender magazine adds a very interesting footnote to the Lou Pearlman story. In the 90′s, Pearlman created boy bands like ‘N Sync and the Backstreet Boys. Fast-forward a decade and federal authorities say he was busy defrauding banks, including a couple in North Dakota, out of hundreds (yes, hundreds) of millions of dollars in an elaborate pyramid scheme.

After five months on the lam, he was finally arrested at an Indonesian resort where he was registered under the name "A. Incognito Johnson."

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About Terry Dullum

Terry Dullum is a North Dakota native and a graduate of the University of North Dakota. Currently, he is the anchor and producer of WDAZ News @5. He is also a popular speaker throughout the region.
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2 Responses to ‘N Cognito

  1. greenglass4 says:

    Great reporting Terry ! But how many millions did Alerus aka 1st National Bank lose in this deal ? $30 or 40 million ? And was there a connection when First National Bank went to being a private bank, instead of a public one. I had 3 business accounts there, now it very hard to get info from them. greenglass4.

  2. the gadfly says:

    Terry, please start asking (and answering) a few tough questions! Alerus needs to Fess up about this mess. Dig deeper into father’s rights, as well!

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