The Federal Bureau of Prisons said the disgraced businessman died on Friday, providing no other details — he was 62.
Inspired by the success of the boy band New Kids on the Block, Pearlman recruited a group of unknowns to form the Backstreet Boys, which soared to stardom in 1996, becoming one of the best-selling boy bands of all-time.
The group sold more than 130 million records, its website says.
Some members of Pearlman's other bands, including Justin Timberlake of NSYNC and Britney Spears, went on to achieve major stardom with solo careers.
