Advertisement
Music

Justin Bieber Scores Win In $1 Million Child Star Payout

Performer To Receive Money Hidden From Him As A Child

justin-bieber-gq-0316-03-1

Christmas has come early for the Urban Pop prince Justin Bieber.

How and why?

Find out below…

The Association of Talent Agents has teamed up with its member agencies to locate former child stars who may not have been aware that they were owed money by the Actors Fund.

19,000 entertainers can expect to receive cheques sliced out of the Funds’ $1 million pie in the coming months.

One of them is Bieber, who enjoyed minor stardom as a child in Canada before he was discovered by Scooter Braun in 2007 and saw a portion of the money he made as a minor pulled out of his pay cheques and placed in a Coogan Account.

Don’t know what that is?

The law requires employers to set aside 15 percent of the minor’s wages in a blocked trust account, known as a Coogan Account. The minor performer must be named the beneficiary of a trust account and someone such as a parent, guardian or court appointed adult, is named the trustee.

The ‘Sorry‘ sensation was supposed to receive this money on his 18th birthday but didn’t.

This week, he has learned that he may be one of the 580 entertainers set to pocket around $5,000.

ATA executive director Karen Stuart explained:

The Actors Fund estimates that over 19,000 former/current young performers have accumulated deposits in the Unclaimed Coogan Trust. About 580 out of the 19,000 have funds between $1000 and $5000. This link  can help you and your clients determine if money is unclaimed. The link also explains how your client can determine the amount of their unclaimed money and the procedure to follow to claim the money.

Once paid, his unclaimed cash will see him bolster his status as one of Pop’s highest earning stars.

For, he’s already worth a reported $200 million and pockets around $80 million per year.

Your thoughts?

Sponsored

13 Comments

  1. November 22, 2016 at 7:13 am
    Queen M.A says:
    +14
    -5
    Vote

    Maybe he can use that money to manufacture some authenticity.

    • November 22, 2016 at 7:57 am
      LISA LEVINE says:
      +2
      -9
      Vote

      GIRL. HE GOT $5K TO DO MORE DRUGS WITH AND TO WRECK HAVOK ON THAT POOR SPANISH GIRL, WHOSE RUNNING AROUND ON AWARD SHOWS THINKING SHE UGLY….A MESS

  2. November 22, 2016 at 7:16 am
    Fancy BISH says:
    +23
    -2
    Vote

    Ya’ll did this whole post for a $5,000 payout? lol, OK

    • November 22, 2016 at 7:21 am
      Biever fsver says:
      +1
      -9
      Vote

      Maybe they wanted to vary their news. Shouldn’t you be worried about iggys comeback?

    • November 22, 2016 at 7:23 am
      Remy Ma's Maid says:
      +5
      -5
      Vote

      5k? Isn’t that Iggys new album is going to sell?

  3. November 22, 2016 at 7:22 am
    HailLegendBeysus says:
    +7
    -2
    Vote

    Sjhsshagaj $5000 too Justin is just a new Gucci jacket! He ain’t even sweating that money.

    • November 22, 2016 at 7:34 am
      Fancy BISH says:
      +3
      -2
      Vote

      Hey Beysus! I was about to reply to Remy Ma’s Maid and Biever fsver, then I stopped SCREAMING and saw your post…how you doing this morning? Blue Ivy’s lunch money/pocket change is more than $5,000 lol

      • November 22, 2016 at 8:14 am
        HailLegendBeysus says:
        +2
        -2
        Vote

        LMAO! Im good, just playing with these puppies and waiting for them to hurry and use the restroom. Its cold as fuxk out here haha. Also yes if Bey is buying shoes worth 250k and jets worth $45m, $5k is probably what blue spends on doing her nails. 💀

    • November 22, 2016 at 9:35 am
      gina says:
      +4
      -2
      Vote

      and what are you broke assses spending other than time kissing that woman’s asss?

      • November 24, 2016 at 11:56 am
        Fancy BISH says:
        Vote

        Speak for yourself, boo boo lol

  4. November 22, 2016 at 8:26 am
    IG @ MIXEDBOY says:
    +9
    0
    Vote

    Why the f*** is this even news. Smh

  5. November 22, 2016 at 10:41 am
    Jamie says:
    +2
    0
    Vote

    Whatever…Happy Thanksgiving y’all!!! Saying it early!

  6. Vote

    Happy Thanksgiving to everyone and wow for him

Leave a Reply





eXTReMe Tracker