The Greatest Con Schemes Ever ( And How To Avoid Them)

What Happened?

Lou ran this Ponzi scheme for 20 years without ever facing any legal repercussions. He still maintained a very good social standing in Hollywood, spotted mingling with everyone from Birtney Spears to Nicky Hilton.

AP Photo/John Raoux

He was finally arrested in 2007 and sentenced to 25 years in prison and was forced to pay his investors back. He died in 2016 and only then could NSYNC’s Lance Bass open up about Lou. “You feel happy that no one else is going to be affected by him, and then you feel guilty because you feel that way. You loved him, you hated him, there are so many things that come out with Lou Pearlman.”