Pearlman was sentenced to 25 years in prison in 2008 for conspiracy, money laundering, and making false statements during a bankruptcy proceeding.
Lou Pearlman, the music producer and manager who founded boybands including the Backstreet Boys and Nsync has died in prison aged 62. Pearlman had been serving a 25 year prison sentence, after being convicted of conspiracy, money laundering, and making false statements during a bankruptcy proceeding in 2008.
According to People, Pearlman died in prison on Friday from an undisclosed illness. Based in Orlando, Florida, Pearlman became one of the most successful music producers of the 1990s, thanks to bands the Backstreet Boys, NSYNC, LFO and O-Town.
Show 'Em What You're Made Of: Backstreet Boys Talk Success And Setbacks In Poignant Documentary [Trailer]
Success came and went for Backstreet Boys, but 20 years on, they're still a team.
The Backstreet Boys' time in the spotlight was a limited one at best, with so many elements contributing to their sudden fame and subsequent chart plunder. They unveiled a fresh new sound last year and now mark their return with a new documentary entitled 'Show 'Em What You're Made Of'.
The American boyband had their biggest career peak in 1999, but it wasn't long before they became another forgotten about boyband. They seemed to become an overnight hit in the UK and Europe, and soon they stormed their own nation. However, the success was blighted by lawsuits against their manager Lou Pearlman, who allegedly stole a large proportion of the band's earnings, not to mention problems with Jive Records, Nick Carter's desire to pursue a solo career, Kevin Richardson's departure and A.J. McLean's drug abuse confession.