Lou Pearlman

Louis Jay Pearlman (June 19, 1954 – August 19, 2016) was an American music manager and scam artist. He was the person behind many successful 1990s boy bands, having formed and funded the Backstreet Boys. After their massive success, he then developed NSYNC.

In 2006, he was accused of running one of the largest and longest-running Ponzi schemes in United States history, leaving more than $300 million in debts. After attempting to evade capture, Pearlman was apprehended in Bali, Indonesia in June 2007. He pled guilty to conspiracy, money laundering, and making false statements during bankruptcy proceedings. In 2008, Pearlman was convicted and sentenced to 25 years in prison. He died in federal custody in 2016. Provided by Wikipedia