Description
American music producer, manager and con artist Lou Pearlman died at the age of 62 from cardiac arrest while serving a 25-year sentence at the Federal Correctional Institution in Texarkana, Texas. He was the manager of successful boy bands Backstreet Boys and NSYNC. In 2006, he was accused of running one of the largest and longest-running Ponzi schemes in history, leaving more than $300 million in debt. After being caught, he pleaded guilty to conspiracy, money laundering and making false statements during bankruptcy proceedings. In 2008, he was sentenced to up to 25 years in prison.