Lou Pearlman, the producer & founder of famous music groups
"Backstreet Boys" and "NSYNC", has died in prison while serving a
25-year sentence for defrauding investors of $300 million.
The Federal Bureau of Prisons said the disgraced businessman died on Friday, providing no other details. He was 62. Some members of Pearlman’s bands, includes Justin Timberlake of NSYNC and Britney Spears, went on to achieve major stardom with solo careers.
But Pearlman was convicted in 2008 of fraud and cheating investors — including friends and family — out of more than $300 million through Ponzi and bank-fraud schemes that lasted two decades. Timberlake tweeted Sunday that he hoped Pearlman had “found some peace.”
Rest in Peace LOU.
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The Federal Bureau of Prisons said the disgraced businessman died on Friday, providing no other details. He was 62. Some members of Pearlman’s bands, includes Justin Timberlake of NSYNC and Britney Spears, went on to achieve major stardom with solo careers.
But Pearlman was convicted in 2008 of fraud and cheating investors — including friends and family — out of more than $300 million through Ponzi and bank-fraud schemes that lasted two decades. Timberlake tweeted Sunday that he hoped Pearlman had “found some peace.”
Rest in Peace LOU.
...
...............
Edited by: Endy Edeson
Photo News Editor: Endy Edeson
Read More News Stories on my News Blog
www.EndyEdesonN
...,,,,,,,,,,,,
**Visit My Technology Blog**
For Business Tips, Career Tips, Motivation and lots more
www.EdesonInfoT
..
#LouPearlman #RestInPeace #RIP #BackstreetBoys #JustinTemberlak
..
FACEBOOK COMMENTS
Bussy Duro
Rip
Endy Edeson
bussy do you listen to Backstreet boys songs? I do listen to their songs everyday. It's sad their founder ended this way.
Bussy Duro
Yea
Bussy Duro
Alot, dey dnt even sing anymore.
Victor Silas
RIP
Uche Aniefuna
Rip
Austin Danielson
Rip buddy
Manito Machelewe
My favourite group even now RIP