Boy band mogul Lou Pearlman sentenced to 25 years in federal prison

$300 million - he was thinking a little bigger then robbing the corner convenience store!

Lou Pearlman with Britney Spears

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It also brings Pearlman's rags-to-riches career to an ignominious end. Born in Queens, N.Y., the first-cousin of singer Art Garfunkel founded Transcontinental Airlines Travel Services Inc., a blimp advertising company. He began to move his businesses to Orlando in the mid-1980s.

Pearlman became intrigued with the boy-band concept during a chance meeting with New Kids on the Block on one of his charter flights, and he borrowed that band's formula to create the Backstreet Boys in 1993. He changed the focus of his business from aviation to music.

His successful launch of 'N Sync three years later buttressed his reputation as a music mogul, and helped Orlando become synonymous with boy bands: all-male vocal groups whose dance moves, pop songs and public personas were carefully calculated to make teenage girls swoon.