Lou Pearlman, the disgraced manager behind 1990s boy bands NSYNC and the Backstreet Boys, has died in FCI Texarkana, according to the Federal Bureau of Prisons.
The 62-year-old producer died Friday, according to the bureau’s inmate database. An official cause of death has not been announced.
Pearlman was serving a 25-year sentence at FCI Texarkana for running Ponzi and bank schemes. He was convicted in 2008 of fraud and swindling investors out of more than $300 million.
For more than 20 years, Pearlman had enticed individuals and banks to invest in Trans Continental Airlines Travel Services Inc. and Trans Continental Airlines Inc., both of which existed only on paper
In 2008, Pearlman began his prison sentence with a projected release date of March 24, 2029. He suffered a stroke in 2010 while incarcerated.
I hope he found some peace. God bless and RIP, Lou Pearlman.
— Justin Timberlake (@jtimberlake) August 21, 2016
Word is that #LouPearlman has passed away. He might not have been a stand up businessman , but I (cont) https://t.co/nsczUEVOOQ
— Lance Bass (@LanceBass) August 20, 2016
