Thursday 29 September 2016

'NSync and Backstreet Boys creator Lou Pearlman dies in prison

Published 21/08/2016 | 08:26

Lou Pearlman was credited with starting the boy-band craze (AP)
Lou Pearlman was credited with starting the boy-band craze (AP)

Lou Pearlman, credited with 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.

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Pearlman, 62, died on Friday, according to a federal inmate database, the Orlando Sentinel, in the US, reported.

The cause of death was not known.

Pearlman's 300 million dollar (£230 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 his 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."

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