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jueves, marzo 30, 2023

The Rip-off Artist Who Robbed Backstreet Boys and NSYNC Blind

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Should you had been a teen within the late Nineties to early 2000s, you would not escape the pull of the Backstreet Boys and NSYNC.

The boy bands had been a cultural phenomenon, influencing vogue and music tendencies and shaping the sound of pop music for a technology. Backstreet Boys offered 130 million data worldwide, making them one of many best-selling boy bands of all time, whereas NSYNC adopted carefully behind with 70 million data offered.

The person behind the bands was a larger-than-life character named Lou Pearlman — actually, he was mentioned to weigh round 330 kilos.

Initially a blimp salesman (we child you not), Pearlman turned probably the most profitable expertise managers and report producers of all time, casting and coaching the most important boy bands on the earth.

Picture by Mark Weiss/WireImage

Pearlman was mentioned to have a web value of over $300 million on the top of his success — till all of it got here crashing down just like the Hindenburg. Pearlman died penniless in jail in 2016.

Associated: These Scammers, Con Artists, and Barely-Authorized Lowlifes Will Cease at Nothing To Bilk Their Marks of Tens of millions

On the newest episode of Entrepreneur’s new podcast, Soiled Cash, editors Dan Bova and Jon Small inform the lurid story of the Boy Band Bandit. How did Pearlman turn into so profitable, and the place did he go so mistaken?

They’re joined by Lou Pearlman knowledgeable Tyler Grey, who has written the definitive ebook on Pearlman known as The Hit Charade: Lou Pearlman, Boy Bands, and the Greatest Ponzi Scheme in U.S. Historical past

Take heed to the podcast right here or subscribe wherever you take heed to podcasts.

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