'NSync, Backstreet Boys creator Lou Pearlman dies in prison
The Associated Press
First posted: Saturday, August 20, 2016 11:49 PM EDT | Updated: Saturday, August 20, 2016 11:55 PM EDT
MIAMI -- Lou Pearlman, credited for starting the boy-band craze and launching the careers of the Backstreet Boys and 'NSync, has died in prison while serving a 25-year sentence for a massive Ponzi scheme.
The Orlando Sentinel reports that according to a federal inmate database, the 62-year-old Pearlman died Friday. The cause of death was not immediately known.
Pearlman's $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006. He was convicted of fraud in 2008.
Hundreds of lawsuits were filed in the mogul's case, including one by the Backstreet Boys.
'NSync singer Lance Bass tweeted on Saturday "Word is that ‚LouPearlman has passed away. He might not have been a stand up businessman, but I wouldn't be doing what I love today wout his influence. RIP Lou"
Record impresario Lou Perlman attends the 6th Annual T.J. Martell 'Family' Day' Indoor Carnival Benefit at Cipriani's Fifth Avenue March 6, 2005 in New York City. (Photo by Evan Agostini/Getty Images)
'NSync, Backstreet Boys creator Lou Pearlman dies in prison | Music | Entertainm
The Associated Press
First posted: Saturday, August 20, 2016 11:49 PM EDT | Updated: Saturday, August 20, 2016 11:55 PM EDT
MIAMI -- Lou Pearlman, credited for starting the boy-band craze and launching the careers of the Backstreet Boys and 'NSync, has died in prison while serving a 25-year sentence for a massive Ponzi scheme.
The Orlando Sentinel reports that according to a federal inmate database, the 62-year-old Pearlman died Friday. The cause of death was not immediately known.
Pearlman's $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006. He was convicted of fraud in 2008.
Hundreds of lawsuits were filed in the mogul's case, including one by the Backstreet Boys.
'NSync singer Lance Bass tweeted on Saturday "Word is that ‚LouPearlman has passed away. He might not have been a stand up businessman, but I wouldn't be doing what I love today wout his influence. RIP Lou"
Record impresario Lou Perlman attends the 6th Annual T.J. Martell 'Family' Day' Indoor Carnival Benefit at Cipriani's Fifth Avenue March 6, 2005 in New York City. (Photo by Evan Agostini/Getty Images)
'NSync, Backstreet Boys creator Lou Pearlman dies in prison | Music | Entertainm