Louis J. Pearlman

Louis J. Pearlman (June 19th, 1954 to August 19th 2016) was a record producer and convicted felon. He was perhaps best known for being heavily involved in the creation of the Backstreet Boys and for creating *NSYNC, O-Town, and various other boy bands in the late 90s and early 2000s and for running one of the largest Ponzi schemes in US history. After many lawsuits from the bands he managed for fraud, and other accusations of fraud regarding his other ventures, it was found that Pearlman was running a massive Ponzi scheme with his company Trans Continental Airlines Inc. He was ultimately found guilty and sentenced to 25 years in jail on May 21st, 2008. Pearlman did not live to see this however, dying in prison from cardiac arrest on August 19th, 2016.