What Happened: Lou Pearlman was one of America’s most successful record producers, the mastermind who created NSYNC, the Backstreet Boys, O-Town, and many more. In 2007, he was arrested in Bali and charged with bank fraud, mail fraud, and wire fraud. He is believed to have stolen hundreds of millions of dollars.

The Fallout: Many of the investors Pearlman defrauded were not compensated for their losses. Members of the boy bands he created also felt betrayed; some saw him as a father figure, others accused him of sexual misconduct. Pearlman died in 2016