Creeper Lou Pearlman with NSYNC. The former manager of the 1990s boy band passed away in federal time out. |
The former manager of The Backstreet Boys and NSYNC passed away over the weekend. Lou Pearlman, the record producer and notorious swindler died while serving his federal time out in Texarkana.
He became famous for giving The Backstreet Boys and NSYNC their biggest success in the late 1990s and early 2000s. While they were performing, Pearlman was racking up the dominations.
He was accused by the groups of bilking them out of millions and shady ties to Ponzi schemes.
He was accused of running one of the largest and longest Ponzi in modern history. He left his victims in turmoil while he racked up $300 million. He was sentenced in 2008 to federal time out and for the eight years in low security, his health deteriorated.
He had a stroke in 2010. Since his stroke, he's been living in a medical wing of Texarkana's federal time out. He would die while in custody.
Some of the members accused Pearlman of molesting young boys while he was locked up in his mansion.
Justin Timberlake and Lance Bass express regret for the guy. They didn't say much other than thanks for giving them a break. But that was all they offered.
Pearlman died a selfish asshole. A product of the privileged life that took advantage of musicians, investors and home owners.
His death will be a blip.
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