Boy Band Impresario and Ponzi Schemer Lou Pearlman Dies at 62

Lou Pearlman’s career was fascinating. Born in 1954, he was the only child of Hy and Reenie Pearlman, both Jews, who raised Lou in Flushing, N.Y. Hy, his father, was a dry cleaner while his mother, Reenie, was a “school lunchroom aide.” They slept on a fold-out couch so their son could use their only bedroom. They lived at Mitchell Gardens Apartments, which was nice living, but not a Floridian mansion on a lake. More than 50 years later, Lou Pearlman, The Backstreet Boys and *NSYNC Svengali who made millions in the music industry, enjoyed a much bigger home. But in 2009, as he sat in prison after pleading guilty to bilking investors and U.S. banks out of $300 million, his Floridian estate went up for sale:

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