what did lou pearlman do
07, 2012. The Svengali behind the '90s boy-band juggernaut, Lou Pearlman was not the jolly music mogul he painted himself to be. After a failed career in aviation, Pearlman turned an eye to the entertainment industry.op 10 Swindlers. On June 14, Allen Stanford was sentenced to 110 years in prison for running a massive Ponzi scheme that bilked some 30,000 investors out of more than $7 billion. TIME takes a look at other financial schemers through the years.