Boy-band producer and Ponzi scam artist Lou Pearlman is dead, according to reports. He was 62.

Pearlman is listed as "deceased" Friday, according to a search of federal inmates.

Pearlman became a music mogul as producer of boy bands including Backstreet Boys, NSYNC and O-Town. Pearlman was also embroiled in a $300 million Ponzi scheme. He was convicted of charges including conspiracy, money laundering and making false statements in 2008 and sentenced to serve 25 years in federal prison.

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Lance Bass, who was a key member of NSYNC shared his thoughts about Pearlman's death in a tweet.

"He might not have been a stand up businessman, but I wouldn't be doing what I love today (without) his influence," Bass said.