Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

mahatmakanejeeves

(57,600 posts)
Sat Aug 20, 2016, 11:29 PM Aug 2016

Lou Pearlman, Orlando boy-band mogul, dies in prison

Source: Orlando Sentinel

By Christal Hayes
Orlando Sentinel

Lou Pearlman, boy band creator, Orlando entrepreneur dies

August 20, 2016 10:32 PM

Boy band promoter Lou Pearlman, known for launching groups such as the Backstreet Boys and 'NSync, died in prison Friday while serving a 25-year sentence for one of the largest Ponzi schemes in Florida history, a federal inmate database shows.

Pearlman cashed in on the boy-band craze, building an empire of acts around the globe in the late 1990s and early 2000s. It collapsed in 2006 after he was exposed for running a massive $300 million Ponzi scheme. He declared bankruptcy in 2007 and was convicted of fraud in 2008.

The cause of death for the 62-year-old was not disclosed Saturday. Calls to the Federal Bureau of Prisons were not returned.

The Orlando entrepreneur is credited with starting the '90s boy-band craze and managed huge acts including the Backstreet Boys, 'N Sync, O-Town and the Chippendales before the scheme was uncovered

Read more: http://www.orlandosentinel.com/entertainment/os-lou-pearlman-dead-20160820-story.htm

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Lou Pearlman, Orlando boy-band mogul, dies in prison (Original Post) mahatmakanejeeves Aug 2016 OP
So was the boy band craze fake? Was it financially supported by a ponzi scheme? truthisfreedom Aug 2016 #1
no, he used his success with the boy band crap to do other things which were failures. like Trump JI7 Aug 2016 #6
Screw the ponzi scheme. He should have gotten life for subjecting us to two plus decades of boy band Chakab Aug 2016 #2
Fuck him and his Fonzi scheme! bluestateguy Aug 2016 #3
If only he had a Fonzie scheme! JustABozoOnThisBus Aug 2016 #7
!!! BumRushDaShow Aug 2016 #8
My condolences to his family... alp227 Aug 2016 #4
Bye Bye Bye...I Want It That Way... SunSeeker Aug 2016 #5
Jeezy Pete's, how much is enough money? mahina Aug 2016 #9
Yes he did... Callmecrazy Aug 2016 #10
Pearlman: " You want to joint his band? Then you know what you have to do"... vkkv Aug 2016 #11
What was his crime? Aristus Aug 2016 #12

truthisfreedom

(23,154 posts)
1. So was the boy band craze fake? Was it financially supported by a ponzi scheme?
Sun Aug 21, 2016, 12:02 AM
Aug 2016

Did we suffer through that shit completely needlessly?

JI7

(89,262 posts)
6. no, he used his success with the boy band crap to do other things which were failures. like Trump
Sun Aug 21, 2016, 02:30 AM
Aug 2016

failing at a lot of things even though he still has some buildings named after him.

 

Chakab

(1,727 posts)
2. Screw the ponzi scheme. He should have gotten life for subjecting us to two plus decades of boy band
Sun Aug 21, 2016, 12:03 AM
Aug 2016

trash pop.

Callmecrazy

(3,065 posts)
10. Yes he did...
Sun Aug 21, 2016, 09:37 AM
Aug 2016

I read articles about this guy years ago. He was also accused by his band members of sexual assault.
Rot in Hell.

 

vkkv

(3,384 posts)
11. Pearlman: " You want to joint his band? Then you know what you have to do"...
Sun Aug 21, 2016, 12:43 PM
Aug 2016

- make an 'O' with your lips.

This was paraphrased from part of a report from a member of one of his 'boy' bands.

Latest Discussions»Latest Breaking News»Lou Pearlman, Orlando boy...