Boy Band Svengali At Large After Swindling $317 Million

Boy Band Svengali At Large After Swindling $317 Million

By all accounts, Lou Pearlman, the millionaire pop music mogul who virtually invented boy bands, has led a charmed life.

It was his charm, investigators say, which helped him to bilk more than 1,400 people out of hundreds of millions of dollars in a classic pyramid investing scheme.

Pearlman is now at large, and his whereabouts remain unknown. His alleged victims -- some of them now destitute -- are left to wonder how they were taken by the man who created and once managed the Backstreet Boys and 'N Sync.

Popular in the Community

Close

What's Hot