MIAMI (CBSMiami/AP) — One of the biggest behind-the-scenes names in pop culture of the late 20th century has passed away.READ MORE: Florida Gov. Ron DeSantis Signs Unemployment, Vaping Bills
Lou Pearlman, credited for starting the boy-band craze and launching the careers of the Backstreet Boys and ‘NSync, died in prison while serving a 25-year sentence for a massive Ponzi scheme.
The Orlando Sentinel reports that according to a federal inmate database, the 62-year-old Pearlman died Friday. The cause of death was not immediately known.READ MORE: Area Businesses Looking To Benefit From Fort Lauderdale Air Show
Pearlman’s $300 million Ponzi scheme through his Trans Continental companies was uncovered in 2006. He was convicted of fraud in 2008.
Hundreds of lawsuits were filed in the mogul’s case, including one by the Backstreet Boys.
‘NSync singer Lance Bass tweeted on Saturday “Word is that #LouPearlman has passed away. He might not have been a stand up businessman, but I wouldn’t be doing what I love today wout his influence. RIP Lou”MORE NEWS: Going To The Fort Lauderdale Air Show This Weekend? Here's What You Need To Know
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