Shameless mogul fleeced NSYNC & Backstreet Boys out of millions & faked jet firm

Category: Entertainment

Lou Pearlman, a music mogul, orchestrated the longest-running Ponzi scheme in US history while managing boy bands like NSYNC and Backstreet Boys. He defrauded nearly £400 million from investors by faking a lavish lifestyle and misappropriating funds. Despite his success in creating pop stars, his fraudulent activities led to legal battles, financial ruin for many, and ultimately his imprisonment. A new Netflix documentary, 'Dirty Pop: The Boy Band Scam,' reveals the extent of his deception.

Keywords: Lou Pearlman, Ponzi scheme, boy bands

Source: The Sun

Update At: 7/24/2024

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