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Ponzi scheme

Lou Pearlman (center) poses with *NSYNC Chris Kirkpatrick, JC Chasez, Lance Bass, Joey Fatone and Justin Timberlake at N.Y.P.D. pizzeria in Miami, circa 1996. Mark Weiss/WireImage/Getty Images hide caption

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Mark Weiss/WireImage/Getty Images

Irwin Lipkin, one of Bernard Madoff's longest-serving employees, covers his face as he is pushed in a wheelchair leaving U.S. court in New York on Wednesday. Mike Segar/Reuters/Landov hide caption

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Mike Segar/Reuters/Landov