Lou Pearlman, Disgraced Backstreet Boys, 'NSYNC Svengali, Dies at 62

[frankberry]

Lou Pearlman, the disgraced impresario behind the Backstreet Boys and 'NSYNC who was serving out a 25-year prison term after being convicted of running a half-billion-dollar Ponzi scheme in 2008, died Friday night, multiple sources confirm to Billboard. He was 62.

http://www.billboard.com/articles/news/7480171/lou-pearlman-dead

 

[Y2kTheNewOldies]

http://www.cnbc.com/id/100000082

American Greed did an episode of Lou Pearlman's Ponzi Scheme years ago. But there were other allegations of pearlman but that got overshadowed by the fraud scandal involving him and the groups he was in charge of.