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This Day in Music History

19 Aug 2016

todayAugust 19, 2022

Background

American record producer and fraudster Lou Pearlman died aged 62 from cardiac arrest. He was the manager of successful 1990s boy bands such as 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 debts. After being apprehended, he pled guilty to conspiracy, money laundering, and making false statements during a bankruptcy proceeding. In 2008, Pearlman was convicted and sentenced to up to 25 years in prison.

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