Fab Five: The Texas Cheerleader Scandal: Based on a true story. Five high school cheerleaders, including the daughter of the school principal, run amok -- and teachers, parents and administrators allow them to get away with a wide range of scandalous behavior. Known as the "Fab Five," the girls disregard school rules, drink alcohol and post suggestive pictures on the Internet. But when the new cheerleading coach attempts to discipline them, her superiors ask her to resign.