Lou Pearlman

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Lou Pearlman

Louis "Lou" Jay Pearlman (born June 19, 1954 in Queens , New York City , New York , † August 19, 2016 in Texarkana , Texas ) was an American businessman and music manager . He became known as the pop impresario for the globally successful boy bands Backstreet Boys and * NSYNC . In May 2008 he was sentenced to 25 years in prison for conspiracy, money laundering and bankruptcy fraud.

Life

Pearlman initially worked as a manager for a band in his home in Flushing , Queens, New York. His cousin Art Garfunkel was apparently the inspiring part during his youth. After initial failures in the music scene, he turned to aviation . With the lie that the German aviation entrepreneur Theodor Wüllenkemper was his partner, he convinced investors to finance the charter airline Trans Continental Airlines .

Pearlman was best known for his success as a music manager. He formed and financed the boy bands Backstreet Boys and * NSYNC , among others . This was followed by the bands Natural and US5 (see Big in America ) , which are mainly known in Germany . The music acts formed by Pearlman reportedly sold more than 125 million records. Lou Pearlman was also involved in the marketing of the Chippendales (erotic shows for women), pizzerias (New York Pizza Department NYPD) and controversial mass talent events.

Through TransCon , where he occasionally sold flights for great musicians like Michael Jackson or Madonna , he came into contact with the band New Kids on the Block , whose success encouraged him to return to the music business. He then founded the music company Trans Continental Records . His first band were the Backstreet Boys , who brought TransCon Records to the fore with millions of records sold. Again millions of CDs were sold through the same scheme with the boy band * NSYNC . Also, O-Town , a band that by the MTV telecast Making The Band was formed, and the popular, especially in Germany group Natural but walked at times on the trail of the Backstreet Boys, failed to match their success. Since 2005 Pearlman had again success with the pop band US5, especially in the German-speaking countries. When asked when the boy band phenomenon would be over, he once said: “I'll tell you exactly when it'll be over. When God stops making little girls. Until then, we'll keep going. ”-“ I'll tell you exactly when it will end. When God stops making little girls. Until then, we will continue. "

Imprisonment for fraud

In early 2007, Pearlman was sued by the State of Florida and several banks for lack of loan repayments in the millions. On June 14, 2007, the Indonesian police arrested Pearlman in his hotel in Bali , where he was living under a false name and a German tourist couple recognized him. The Indonesian authorities immediately expelled Pearlman and handed him over to the FBI . In March 2008, he confessed that he had defrauded investors of more than $ 300 million with a long-term "Ponzi trick" . Pearlman was sentenced on May 21, 2008 by a court in Orlando (Florida) to 25 years in prison, which he could have reduced by repayment of the damages.

death

Pearlman died on August 19, 2016 at the Federal Correctional Institution in Texarkana, Texas . He had already suffered a stroke in 2010 .

Web links

Individual evidence

  1. ^ "TOTP" plans catch up with Lou Pearlman . MusikWoche , January 15, 2007, accessed on August 23, 2016.
    Complaint for fraud involving millions: Backstreet Boy explorer disappeared without a trace . Spiegel Online , March 9, 2007, accessed August 23, 2016.
  2. Boygroup inventor caught by the FBI. Bild.de T-Online, June 18, 2007, archived from the original on September 4, 2007 ; accessed on August 23, 2016 .
  3. million fraud: Father of boy bands to 25 years in prison . Spiegel Online , May 21, 2008, accessed August 23, 2016.
  4. Inmate Locator. Federal Bureau of Prisons, accessed on August 23, 2016 ("Find by name: LOUIS J PEARLMAN". Or "Find by number: 02775-093".). Lou Pearlman, disgraced Backstreet Boys and NSync impresario, dies at The Denver Post's 62nd AP article, August 20, 2016, accessed August 23, 2016 .