My name is steve and my friend Joey Fatone is one of the members of N*SYNC. I've read what a lot of people have said about the companies that joined with lou's transcontinental companies. I believe it's TCTalent, that used to be Options Talent.
If you think you had it bad... Read this. Joey was acting as the Wolfman at Universal STudios, a big theme park here in Orlando where we all live. One day this guy from Lou's company says he's putting together a band and someone had recommended Howie (I think it was Justin Timberlake who knew Howie). Now Howie was making good money as a performer at Universal, probably 20,000-25,000 a YEAR. But he QUITS the job based on promises from Lou Pearlman and his staff.
Lou invests a few million (2-3) to get the band up and running and put them on tour in Germany... But wait, HERE'S THE CATCH. LOU MAKES HIMSELF ONE OF THE MEMBERS OF THE GROUP - so instead of only getting 5-15% of the cut like a regular manager, he get's 1/6, or ALMOST 17% of everything, every CD sold, every t-shirt poster and whatever, he get's 1/6th.
Talk about a ripoff scam artist, deceptive sob.
I can't believe they allowed this but they were young and desperate. So now joey has only made 45 million, when, if fat lou hadn't taken his 1/6th, all 5 guys in the group would've made another 9 or 10 million each. They got so ripped off. I mean they lost 9 million each!!! And all they have to show for it is 45 million.
Lou pearlman really ripped them off bad / help them get their 9 million back. Write lou and let him know you don't appreciate him taking $9 an hour employees and making them multi-millionaires.
Stop him before it happens to your kids.
NSchwing James
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