{"id":7057,"date":"2017-03-02T18:59:49","date_gmt":"2017-03-02T18:59:49","guid":{"rendered":"https:\/\/preferhome.com\/fraud\/"},"modified":"2017-03-02T18:59:49","modified_gmt":"2017-03-02T18:59:49","slug":"fraud","status":"publish","type":"post","link":"https:\/\/preferhome.com\/locations\/blog\/fraud\/","title":{"rendered":"Say Bye Bye Bye to Fraud"},"content":{"rendered":"

Financial abuse and fraud could go on indefinitely, till either the abuser is caught or they’ve absconded after taking everything they could get out of their victim.<\/p>\n

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\u201cI just wanna tell [Lou] that I had enough. It might sound crazy, but it ain’t no lie, baby, bye, bye, bye,\u201d is what I imagine the five kids from Orlando<\/a> likely wanted to sing in sync to their former financial manager, Lou Pearlman<\/a>, who had defrauded them out of millions of dollars.<\/p>\n

But NSYNC weren\u2019t the only ones wronged by Pearlman. By the time he was convicted of an array of dishonest activities, he had been sued for fraud by almost every band he had once managed, including other chart-toppers such as the Backstreet Boys and O-Town.<\/p>\n

Up until the fraud related lawsuits and scandals, and his conviction and imprisonment in 2008, Pearlman had earned himself considerable credibility and trust, all of which he selfishly exploited for his sole benefit.<\/p>\n

People like Pearlman can be avoided, but it requires the proper vetting of agents first hand, as well as continuously monitoring their activities there after.<\/p>\n

In our industry, it isn\u2019t uncommon to hear or see elderly people falling victims to their own personal Pearlmans. It\u2019s such a concern that AARP, an organization that advocates for the elderly, strongly advises the following<\/a> to avoid being defrauded by someone who you\u2019ve granted the power to act on your behalf:<\/p>\n