Backstreet Guy Nailed for $400 Mil in Back Cash

Even if he gets out of prison someday, convicted con man and former boy band guru Lou Pearlman will be paying for his shady schemes for a real long time.

According to papers filed late last week, Feds want Pearlman to fork over $400 mil of money he stole from investors. Almost $200 million came from a retirement fund he swindled, and over $100 mil from a fake air carrier that he created. Lou was sentenced to 25 years in prison after pleading guilty to conspiracy, fraud, and money-laundering charges.

Pearlman's lawyer says he shouldn't have to pay interest on the money.