That didn't take long. Disgraced boy-band promoter Lou Pearlman has been working as an informant for police while in jail, handing over information he's learned about a 19-year-old man accused of killing an off-duty Florida police officer during a botched robbery. Apparently, the man at the center of the case recognized Pearlman from "Making the Band" as they were leaving the shower area.

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Back in May, federal prosecutors sentenced former boy-band impresario Lou Pearlman to 25 years in federal prison for his part in running a two-decade-long financial scheme that cheated investors out of more than $300 million. They also offered him the chance to reduce his sentence by shaving one month off for every $1 million he paid back to investors.

Well, prosecutors have finally tallied up the damage they say Pearlman did to investors with his financial shell games, and the figure is a staggering $424.4 million. Earlier this week, documents were made public showing that Assistant U.S. Attorney Roger Handberg planned to ask U.S. District Court Judge G. Kendall Sharp to order Pearlman to pay back that amount at a restitution hearing slated to take place today, according to the Orlando Sentinel. Read more...