He was convicted in 2008 of fraud and swindling investors out of more than $300 million. ![]() Pearlman had been serving a 25-year sentence at the Federal Correctional Institution in Texarkana, Texas, for running Ponzi and bank schemes. ![]() The 62-year-old producer died Friday, according to the bureau’s inmate data base. READ MORE: Trial Starts Monday For Gilbert Newton III, Philadelphia Teen Accused Of Killing Ex-Girlfriend Morgan McCaffrey ![]() MIAMI (CNN) - Lou Pearlman, the disgraced star-maker behind 1990s boy bands *NSYNC and the Backstreet Boys, has died in prison, according to the Federal Bureau of Prisons. By Thom Patterson and AnneClaire Stapleton
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