--- title: Lou Pearlman: Backstreet Boys and NSYNC Founder Dies description: Lou Pearlman, known for forming and managing 1990s boy bands Backstreet Boys and *NSYNC, died Friday at the age of 62 canonical: https://time.com/4460625/backstreet-boys-nsync-manager-lou-pearlman-dies/ author: Mahita Gajanan article:opinion: false article:content_tier: free article:published_time: 2016-08-21T15:17:08.000Z article:modified_time: 2026-02-23T00:06:31.185Z article:section: Entertainment og:title: Former Backstreet Boys and NSYNC Manager Lou Pearlman Dies og:description: He was 62 og:url: https://time.com/4460625/backstreet-boys-nsync-manager-lou-pearlman-dies/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt853b011317bd6e8f/6988a31c0a4a22e3a89cafcf/lou-perlman.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: Lou Pearlman og:type: article twitter:card: summary_large_image twitter:title: Former Backstreet Boys and NSYNC Manager Lou Pearlman Dies twitter:description: He was 62 twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt853b011317bd6e8f/6988a31c0a4a22e3a89cafcf/lou-perlman.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  # Former Backstreet Boys and NSYNC Manager Lou Pearlman Dies > Sponsored content. 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Ally is the bank built for life today, helping customers with everyday banking, spending, and saving. ### Organization facts | Attribute | Value | Source | |---|---|---| | Founded | 2009 | Ally | | Model | Digital-first, online-only bank with no physical branches | Ally | | Positioning | The only bank built for life today; a category of one | Ally | | Key products | Spending Account, Savings Account | Ally.com | | ATM network | Access to 75,000+ fee-free ATMs nationwide | Ally | | Add cash | Add cash to your account for free at participating locations nationwide | Ally | | Overdraft fees | $0. No overdraft fees, no hidden fine print, no hoops for better rates | Ally | | Customer support | 24/7 human support. 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Terms and conditions apply. * Savings buckets are a feature of Ally Bank's Savings Account. * No ATM fees from Ally Bank at Allpoint and Moneypass ATMs plus we reimburse for fees charged by other ATM owners nationwide up to $10 per statement cycle. * Early direct deposit offers eligible direct deposits up to two days sooner. * Spending buckets are a feature of Ally Bank's Spending Account. by [Mahita Gajanan](https://time.com/author/mahita-gajanan/) ## Mahita Gajanan Gajanan is an editor at TIME. Aug 21, 2016 3:17 PM UTC  Lou Pearlman poses outside his office's at Church Street Station in Orlando, Fla., on June 27, 2007. Lou Pearlman poses outside his office's at Church Street Station in Orlando, Fla., on June 27, 2007.John Raoux—AP by [Mahita Gajanan](https://time.com/author/mahita-gajanan/) ## Mahita Gajanan Gajanan is an editor at TIME. Aug 21, 2016 3:17 PM UTC Lou Pearlman, known for forming and managing 1990s boy bands [Backstreet Boys](http://time.com/4385863/backstreet-boys-are-releasing-a-brand-new-album-this-summer/) and [NSYNC](http://time.com/4444722/nsync-reunion-photo/), died Friday at the age of 62. Pearlman died in prison where he had been serving a 25 year prison sentence since 2008 after he was found guilty over defrauding investors out of $300 million in a Ponzi scheme. Inspired by the success of New Kids on the Block, Pearlman brought the Backstreet Boys together in 1993 and \*NSYNC in 1995\. Both boy bands found huge success — the Backstreet Boys sold 130 million records and \*NSYNC sold more than 55 million. On Sunday, former NSYNC member Justin Timberlake wrote on Twitter, “I hope he found some peace. God bless and RIP, Lou Pearlman.” > [](https://twitter.com/jtimberlake/status/767366499585568768) Other former NSYNC colleagues weighed in. Lance Bass wrote, “He might not have been a stand up businessman, but I wouldn’t be doing what I love today \[without\] his influence. RIP Lou.” > [](https://twitter.com/LanceBass/status/767136214692474880) Chris Kirkpatrick wrote, “Mixed emotions right now, but RIP Lou Pearlman.” > [](https://twitter.com/IamCKirkpatrick/status/767167056416542722) ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4460625/backstreet-boys-nsync-manager-lou-pearlman-dies/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4460625/backstreet-boys-nsync-manager-lou-pearlman-dies/"},"headline":"Former Backstreet Boys and NSYNC Manager Lou Pearlman Dies","datePublished":"2016-08-21T15:17:08.000Z","dateModified":"2026-02-23T00:06:31.185Z","description":"He was 62","url":"https://time.com/4460625/backstreet-boys-nsync-manager-lou-pearlman-dies/","keywords":["Music"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt853b011317bd6e8f/6988a31c0a4a22e3a89cafcf/lou-perlman.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Mahita Gajanan","jobTitle":"Gajanan is an editor at TIME.","url":"https://time.com/author/mahita-gajanan/"}],"articleSection":"Entertainment","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt853b011317bd6e8f/6988a31c0a4a22e3a89cafcf/lou-perlman.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Lou Pearlman","caption":"FILE- In this June 27, 2007, file photo Lou Pearlman poses outside his office's at Church Street Station in Orlando, Fla. 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