Controversial Music Mogul Lou Pearlman Dies Age 62
Lou Pearlman, the former manager of boy bands NSYNC and the Backstreet Boys, has died in prison at the age of 62. The disgraced music mogul was serving a 25-year sentence after being convicted on fraud charges in 2008 for his involvement in a huge Ponzi scheme that swindled 1,700 investors out of $500 million.
He died at the Federal Correctional Institute in Texarkana, Texas, on Friday, according to a Federal Bureau of Prisons record. He reportedly suffered a stroke in 2010 and has suffered ill-health since then. Pearlman was also sued by most of his acts – the Backstreet Boys, NSYNC, O-Town, LFO, Take 5, Natural, and Aaron Carter – for fraud and misrepresentation. Despite their checkered past, many of his former protegees have paid tribute to the late record producer on Twitter upon hearing the news of his death. “I hope he found some peace,” Justin Timberlake wrote. “God bless and RIP, Lou Pearlman.” His former NSYNC bandmate Lance Bass tweeted, “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 (without) his influence.