Lou Pearlman

• NSYNC had similar issues with Pearlman... according to VH1's 100 Most Shocking Rock & Roll Moments , BMG claimed nearly all of the three hundred million dollars ---NSYNC had made from record and merchandise sales, leaving seven million dollars for the members of the band. Frustrated, ---NSYNC attempted to leave RCA and sign with competitor Jive Records, a migration which Pearlman hoped to prevent with legal action. Both BMG and Pearlman's lawsuit and the countersuit filed by ---NSYNC were settled out of court.

''"They find talented kids, sign them, watch them get successful, don't pay them, wait for them to sue and then settle the cases," Yanger said. "It is not an isolated case."''

• /http://www.internethatesites.com/" class="copylinks" target="_blank">web.archive.org internethatesites.com web.archive.org beiconline.com June 2004 Fashion Rock, LLC filed a civil suit for defamation against a number of individuals and companies (the alleged "group of criminals"). No evidence was ever presented by Fashion Rock. Defendants alleged the suit was Frivolous , only meant to harass and to hurt them financially. The cases against co-defendants Bill Rosenberger , Les Henderson and Roberto Villasenor were dismissed. Consequently the whole case was closed. No reasons for the dismissal were revealed by the Court. ''Orlando Weekly'': Pearlman's jihad Clerk Circuit Court Orange County Florida Search Fashion Rock, Case number 48-2004-CA-004844-O

                       IN THE CIRCUIT COURT OF THE NINTH JUDICIAL CIRCUIT

                               IN AND FOR ORANGE COUNTY, FLORIDA

                                         CIVIL DIVISION

                                                              CASE NO.: 48-2006-CA-011136-O

STATE OF FLORIDA,                                           )

 OFFICE OF FINANCIAL REGULATION,                            ) Plaintiff,



vs.



TRANS CONTINENTAL AIRLINES, INC.,                           )

TRANS CONTINENTAL AIRLINES TRAVEL SERVICE, INC.,            )

TRANS CONTINENTAL ENTERPRISES, LLC                          )

     a/k/a TRANS CONTINENTAL ENTERPRISES LLC,               )

LOUIS J. PEARLMAN,                                          )

ROBERT FISCHETTI,                                           )

     and                                                    )

MICHAEL CRUDELE,                                            ) Defendants,



and,



LOUIS J. PEARLMAN ENTERPRISES, INC.,                        )

TRANS CONTINENTAL RECORDS, INC.,                            )

TC LEASING, LLC,                                            )

TRANS CONTINENTAL TALENT, INC.,                             )

FASHION ROCK, LLC,                                          )

TRANS CONTINENTAL TRAVEL SERVICE, INC.,                     )

F.F. STATION, LLC,                                          )

TRANS COUNTRY MUSIC GROUP, INC.,                            )

TRANS CONTINENTAL STUDIOS, INC.,                            )

TRANS CONTINENTAL AVIATION, INC.,                           )

AEGIS CONSULTING, INC.,                                     )

     and                                                    )

KRISTIN FINGER,                                             ) Relief Defendants

''"While Pearlman's public persona is that of a man whose life seems lifted from a Horatio Alger story - a life filled with glamour, glitz and financial success beyond most peoples' dreams - Integra's recent dealings with Pearlman and his first company, TCA, would indicate that this outward mask conceals the fundamental economic instability more common to a Ponzi scheme."''

''"Two additional loans -- each for $10 million -- were to be used to build an entertainment complex and develop three television shows with MTV, among other endeavors."''

''In a November interview with The Associated Press, Pearlman blamed the lawsuits on people trying to cash in on his success. "I know a lot of people come at me, as a deep-pockets theory," he said then. "The more successful you get the more lawsuits you get, unfortunately."''

''Receiver Jerry McHale said that just on "my first pass-through" dealing with investors' communications and corporate records of Trans Continental Airlines, he identified $204.5 million in claims from investors who put money into the company's "Employee Investment Savings Accounts" and another $113 million into corporate stock.'' Orlando Sentinel February 6, 2007 ''Pearlman, companies face $317 million in claims''

''"Bank records indicate the investors' deposits of approximately $118 million have been utilized to pay earlier investors both dividends and cash withdrawals, as is the case in Ponzi schemes," A. Gregory Melchior, the agency's assistant general counsel in Tampa, wrote in the complaint filed Friday in state Circuit Court in Orlando.'' Orlando Sentinel February 6, 2007 ''Pearlman securities case widens'' (with documents)

''A federal investigator suspected as early as 1995 that Lou Pearlman's investor program might not be as secure as the mogul claimed -- and asked Florida officials to investigate. But despite that and other red flags raised in 1999, 2001 and 2004, government authorities did not seek to shut down the Orlando-based investment program until late last year.''

''Pearlman's property manager has stayed on to continue paying utility bills and such, but told Eyewitness News he has not been paid for three months. He also said that Pearlman's company intercepted the most recent rent payments from the tenants there and disappeared with that money.''

''Old news, amigos. We told you three years ago that Pearlman was a corpulent pusbag who would rip off anybody and anything within reach of his scaly appendages. But did you listen? No, you did not.''

''Troubled Orlando entrepreneur Lou Pearlman has resigned from his equally-troubled company Trans Continental Airlines, according to a document filed in U.S. District Court in Orlando. In the court record, which appeared this week in a suit filed by Integra Bank of Indiana, one of Pearlman's attorneys declared that he "is not an officer or director any longer, of Trans Continental Airlines and could not answer on behalf of Trans Continental Airlines."''

''Green said the intention of the bankruptcy action is to get FF Station sold off to a new developer as quickly as possible so that the complex and its tenants may get back to normal business as soon as possible.''

''Also Tuesday, Pearlman lost some of his stake in his two big boy bands, 'N Sync and Backstreet Boys. Washington Mutual Bank was awarded a $9.8 million interest in Pearlman's ownership of 'N Sync Productions Inc. and Backstreet Productions Inc. in a judgment entered in Seminole County.''

After he took his air charter company, Airship International, public in 1985, Pearlman became personally and professionally close to Jerome Rosen, a partner at small-cap trading outfit Norbay Securities. Based in Bayside, Queens, and frequently in trouble with regulators, Norbay actively traded Airship stock. This sent Airship's stock price consistently higher, enabling Pearlman to sell hundreds of thousands of shares and warrants at ever-higher prices. However, Airship was reporting little revenue, cash flow or net income. In return for keeping his penny stock liquid, Pearlman allegedly paid Rosen handsome commissions, according to a mutual friend, that reached into "the tens of thousands of dollars" per trade. New York Post February 22, 2007 ''BOY BAND KINGPIN'S PENNY ROOTS SHOWING''

• Lou Pearlman's website ''(defunct)''


• Trans Continental Companies . Former Lou Pearlman company website, now the State investigation website.


• Talent Rock . Former Lou Pearlman company, previously known as Fashion Rock. Assets of Fashion Rock LLC sold by court appointed receceiver, now owned by Camino Ventures.


• Florida Department of State - Division of Corporations , Search Florida companies (co-)owned by Louis J. Pearlman


• CBSNews.com: The Idol Maker ORLANDO, Fla., Sept. 6, 2002


• CBS4 Talent Scouting Agency Investigation


• www.crimes-of-persuasion.com Trans Continental


• www.easybackgroundcheck.com Lou Pearlman aka Louis J. Pearlman aka Svengali


• www.ripoffreport.com Lou Pearlman, Charlie Crist, Alec Defrawy, Mark Tolner, Ed Bell, Jason Hoffman, Cortes Randell


• MoneyTalk Blog The latest Lou Pearlman news on Helen Huntley's MoneyTalk blog