Lou Pearlman was convicted of running one of the largest Ponzi schemes in history and potentially stealing over $300 million from banks and people alike. He also has some VERY close ties to boy bands in the 90’s including Backstreet Boys AND *NSYNC.
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Sources:
Documentary - The Boy Band Con: The Lou Pearlman Story (free on youtube) from 2019
Documentary - American Greed in the 2009 episode "Boy Band Mogul"
Documentary - 20/20 episode "The Hitman: From Pop to Prison" from December 13, 2019
Book - The Hit Charade: Lou Pearlman, Boy Bands, and the Biggest Ponzi Scheme in U.S. History by Tyler Gray (available on ebay, walmart website, and kindle)
