Music mogul Lou Pearlman dies

Lou Pearlman, a former music mogul who launched the careers of boy bands the Backstreet Boys and NSYNC, has died at age 62 while serving a 25-year prison sentence for swindling investors and banks out of more than $300m (€265m), the Federal Bureau of Prisons said on its website.

The cause of death was not immediately clear and a representative for the Bureau of Prisons could not be reached for comment.

In 2010, Pearlman suffered a stroke while behind bars, according to media reports.