Lou Pearlman is the guy who founded many of those dumb boybands (O-TOWN, Backstreet boys, etc). The fat slob has left the country after running a 300+ million dollar ponzi scheme:
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Pearlman, a Queens native, allegedly squandered $317 million bilked from more than 1,000 people who invested in stock in his company - Trans Continental Airlines - and in certificate-of-deposit-like accounts that supposedly were federally insured
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Sources:
http://www.orlandosentinel
http://www.nypost