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Boy Band Impresario and Ponzi Schemer Lou Pearlman Dies at 62

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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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