Lou Pearlman, the creator and manager of nineties boy bands such as NSYNC, Backstreet Boys and more has died behind bars on August 19. The music producer had been serving a 25-year prison sentence in prison at the time of his death. He was 62.
Lou Pearlman, the infamous boy band Svengali has passed away from an undisclosed illness according to People. Based out of Orlando, Lou was one of music’s most influential producers of the 1990s. In addition to creating the Backstreet Boys and NSYNC, the music mogul, known as “Big Poppa” to friends, launched acts such as O-Town, LFO, Aaron Carter, Take 5, Natural, US5, and girl group Innosense.
But the good times would not last long as the Backstreet Boys, NSYNC and other acts filed lawsuits against Lou, alleging that he had robbed them of millions. Still, despite their troubles, two of NSYNC’s members Lance Bass and Chris Kirkpatrick took to twitter upon hearing the sad news. BSB’s AJ McLean has also responded.
Things got MUCH worse for Lou in 2006, when investigators found that he was the masterminded behind a massive Ponzi scheme through his Trans Continental companies, defrauded investors of more than $300 million. The music producer went on the run to avoid prosecution but was eventually captured in 2007 in Indonesia. After pleading guilty to charges of conspiracy, making false statements and money laundering in 2008, Lou was sentenced to 300 months in federal prison. He could have reduced his time behind bars by one month for every million returned, but refused to give back a single penny.