NSYNC earned a reported $90 million for their PopOdyssey Tour and another nearly $30 million for their Celebrity Tour, both in support of their 2001 album Celebrity. When you see Red Rocket, one of the year's best indies, you'll be . God bless and RIP, Lou Pearlman. And the minute youd start to laugh, youd start to get angry, and the minute I was angry, I started to feel bad for the whole thing that happened. Their second studio album, "No Strings Attached" (released in 2000), sold over 1 million copies in one day and 2.42 million copies in one week, which remained a record for over 15 years. I think they started shredding all the documents, she said. [9] Justin Timberlake went on to become a ten-time Grammy Award winner throughout his solo career.[10]. I cant talk about it now, Jean Madigan said. Chris Kirkpatrick may unfortunately be one of the most easily forgotten NSYNC members, but he is still doing well for himself with a net worth of $13 million. Club journalist and film critic Nathan Rabin during the eBay auction. In this Oct. 15, 1998, file photo, Backstreet Boys are shown performing in Chicago. He died in prison in 2016 of heart failure at 62. [33] In December 1999, NSYNC and Pearlman reached an undisclosed settlement out of court,[37] freeing the group to release future albums on Jive Records. [46], The documentary The Boy Band Con: The Lou Pearlman Story premiered at SXSW on March 13, 2019. [18] The album also charted successfully in both Switzerland and Austria eventually selling 820,000 units in GSA (Germany, Switzerland, Austria) region and Eastern Europe. And hed be like, 'Guys, lets see your abs, take off your shirts,' "Angel recalls. Fletcher Peacock, the federal public defender who represented Pearlman, spoke to 20/20 about the case. NSYNC did sell more than 2.4 million copies of their second album "No Strings Attached" in its first week of release a feat unmatched by Backstreet Boys but stopped making music after . I just didn't know who they were and I was just questioning, How could these kids afford an airplane? Pearlman told ABC News in a 2000 interview. And what he would do is he would use the money to plug whatever hole that he needed to plug. Lou was making it seem like we were in so much debt that it would be a long time before we saw some real money," Bass says. "[90] The Washington Post stated it was one of the two boy bands "that dominated the late '90s and early '00s. [26] The concert was first offered to the Backstreet Boys, but they had to back out due to member Brian Littrell needing heart surgery, later doing their own special in 1999. 'N Syncand the Backstreet Boyswereamong many whosued Pearlman, claiminghe kept a grossly disproportionate amount ofmoney earned from their music. Gutierrez, Pedro Ruz; Powers, Scott; and Clarke, Sara K. (June 14, 2007). [30] Most of the at least $95 million which was collected from investors was gone. Las Vegas engagements, joint music, movies Backstreet Boys members AJ McLean and Nick Carter and * NSYNC 's Joey Fatone and Lance Bass are touting "endless" possibilities following their sold. . [11] Chasez and Timberlake eventually relocated to Nashville while continuously writing songs and demo tracks with Robin Wiley, a songwriter and vocal coach on The Mickey Mouse Club. In early February, an attorney in Florida received a letter from Pearlman sent from Bali. 02/06/18 AT 9:20 AM EST. And yet, for all the millions of albums sold in their first three years, its members only received $10,000 for their first pay cheque by the band's manager and producer, Lou Pearlman.. For instance, Did investors get money back from Lou Pearlman? In 1997, the group made it big in America with the release of Quit Playing Games (With My Heart). The song sold 2 million copies in the U.S. and became the most successful single on the Billboard Hot 100 chart that year. The case was dismissed and closed in 2006. It had all worked. On Halloween, like a bad scary movie, *NSYNC was slapped right back with a lawsuit that would not just take their money ( $150 million) but their name as well. And I always thought it was weird that someone that was in the airline industry couldnt help us out a little bit getting to places.. Pearlman then relocated Airship International to Orlando, Florida, in July 1991, where he signed MetLife and SeaWorld as clients for his blimps. Bass said on 20/20 he credits Pearlman for his career, despite the fraud that funded it. I think Mr. Pearlman might've misinterpreted what the judge was really getting at, Handberg said. This is disputed by Gross, who claims he was the school reporter, and allowed Pearlman to tag along. [31] With this, NSYNC achieved the rare feat of having two albums in the Billboard Top 10 at the same time. Orange County Circuit Judge Renee Roche ordered Pearlman and two of his associates, Robert Fischetti and Michael Crudelle, to bring back to the United States "any assets taken abroad which were derived from illegal transactions. In the late '90s, NSYNC was one of the pioneering boy bands that helped define the pop music of that generation. Pearlman was then indicted by a federal grand jury on June 27, 2007. The minuteyoud start to cry, youd start to laugh, Kirkpatrick said. And I always thought it was weird that someone that was in the airline industry couldnt help us out a little bit getting to places., Do Not Sell or Share My Personal Information. [11] Their self-titled debut album was initially released by BMG Ariola Munich on May 26, 1997, in Germany, and peaked at number one in the second week after its release. After being apprehended, he pled guilty to conspiracy, money laundering, and making false statements during a bankruptcy proceeding. [63] Recalling a conversation he'd had with his bandmates, Fatone elaborated: I said Listen, I'm all good with everybody doing their own shit. "I couldnt believe the number I was looking at. I want my money. He goes, Well how much do you need dear? First I said, The whole thing, but he says, Oh, well I can't give that to you right now.. Seth Abramovitch from The Hollywood Reporter spoke with Pearlman in 2013, after hed spent five years in prison. [7][8] Rolling Stone recognized their instant success as one of the Top 25 Teen Idol Breakout Moments of all time. So you have to give him that credit.. It always felt a little, OK, I know what youre doing. . Further complicating matters was the fact that the company had since declared bankruptcy, "leaving no deep pockets from which to collect damages. Then when you landed in Orlando, he would send his private limo to get you, Former Backstreet Boys manager Johnny Wright told 20/20. You drive to his office, which was quite impressive. Lou Pearlmans death at age 62 in federal prison left lawsuits filed against him unresolved. In 1991, Pearlman moved all his businesses to Orlando, Florida, a city that had become a hub for young talent who flocked there for roles at the theme parks. And while some money was recovered from the many millions that Lou Pearlman took, it was a small fraction of what investors had lost in some cases, their life savings. He had made things up. I wanted to hear what he thought about comparisons to Bernie Madoff. It only really stops for the bridge, before kicking it back into high gear for the final chorus, which JC Chasez launches into with an iconic B4 note. Reportedly he was seen in Russia, Belarus, Israel, Spain, Panama, and Brazil. We knew about the lies and we knew about the deception.. He was very upbeat. And not to sound ungrateful but when you compare it to how many hours we had put into this group for years, it didnt even touch minimum wage. So you get to see it firsthand. The album featured much more creative involvement from the group, who wrote and produced several of their own tracks. He was 62 years old. One of the songs on the album "U Drive Me Crazy" was a major hit in Spain peaking at number 4. They formed in 1995 in Orlando, a hotbed of talent that seemed like a . God bless and RIP, Lou Pearlman.. Pearlman promised investors it was a safe and secure investment, and offered substantial returns year after year. Turn on desktop notifications for breaking stories about interest? [5][6] By the end of 2000, it had sold over 9.9million copies. "[94], In a retrospective article for No Strings Attached's 20th anniversary, NPR's writer Maria Sherman said the album marked "the sound of a new millennium" and an "industry peak" commercially, while describing the group as "one of the last artists to benefit so greatly from the industry bubble before its spectacular burst," referring to the following post-9/11 era. [14] In need of a bass, the group auditioned several people without success. [18] After Hotjobs and Monster.com pulled over a thousand of the company's job ads from their boards,[19] they were further advertised on the Difrawi-founded[20] "Industry Magazine" website. (Cronin was of age. Pearlmans story originally aired in a two-hour special of 20/20 Friday, December 13, 2019 in its episode, The Hitman: From Pop to Prison. The episode is airing again tonight, Friday July 3, 2020, at 9 p.m. on ABC. TD Bank, HSBC Holdings and Independent Bank have agreed to settlements totaling $1.34 billion in the case of Allen Stanford's . [21] The New York State Consumer Protection Board issued an alert, naming it the largest example they had found of a photo mill scam. And it pissed me off that he passed away., There's so many life lessons that you learn from everyone else's mistakes, from your mistakes, Bass added. Im like, How could you die right now when we dont have this closure?. [45], The second single, "It's Gonna Be Me", became the group's first number one single in the U.S. and remained at the top position on the Billboard Hot 100 from July 29 to August 11, 2000. On April 19, 2021, Bass, Fatone, and Kirkpatrick reunited for a Progressive Insurance commercial known as "The 3/5ths of NSYNC". Pearlman's thoughts immediately went to, Oh, I wanna have a reality show in jail.. [7], At the age of 14, Aaron Carter filed a lawsuit in 2002 that accused Pearlman and Trans Continental of cheating him out of hundreds of thousands of dollars and of racketeering in a deliberate pattern of criminal activity. All cases against Pearlman either have been won by those who have brought lawsuits against him or have been settled out of court. Pearlman had been seen in Orlando in late January 2007, in early February in Germany, including an appearance on German television on February 1. Pearlman had denied the allegations. Lance Bass reveals that NSYNC did not lip sync during their time as a band. So if he had bank fraud money that he needed to use to pay off an investor, he would do that. ", "Options Talent Group: An I-Team Investigation", "Buyer Beware: Ever Thought About Being a Model? He might not have been a stand up businessman, but I wouldnt be doing what I love today without his influence, Bass wrote in a tweet the day after Pearlmans death. He funded it I don't know where I'd be without him. The band completed five nationwide concert tours and has sold over 70 million records, becoming one of the best-selling boy bands in history. It's all real to some extent because Backstreet Boys and *NSYNC are successful. Kirkpatrick expressed similar mixed emotions on 20/20. Cronin claimed that Pearlman had "wanted to bang everyone" and had attempted to seduce him multiple times. Pearlman and the Wrights funded and managed NSYNC in a very similar fashion, selling over 70 million records globally. They performed a medley of "Girlfriend" and "Bye Bye Bye" during Timberlake's 15-minute set leading up to his acceptance of the Michael Jackson Video Vanguard Award. While we didn't get the full on reunion performances that we want, at least we got to see the boys all back together! On November 10, 1998, the group released a holiday album, Home for Christmas. [29] The group's profile continued to rise with the subsequent single release "Tearin' Up My Heart", which became a hit on pop radio and one of the "100 Greatest Songs of the 90s" according to VH1. In this July 11, 2007, file photo, music mogul Lou Pearlman arrives at the George C. Young federal courthouse in downtown Orlando, Fla. Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images, FILE, We never ever flew on a Trans Continental airplane, Lance Bass of *NSYNC told 20/20. We would fly to different places over in Europe, and wed always be on these Delta flights, you know, in coach. My opinion of Lou being a sexual predator is that is not true. Powers, Scott; Clarke, Sarah K. (March 24, 2007). [79] They performed "Break Up with Your Girlfriend, I'm Bored", "It Makes Me Ill" and "Tearin' Up My Heart". I hope he found some peace. If he owns all these things, then he must really understand business and get it.. 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