Make My Home Page | Subscribe | Bookmark (ctl + d)
Home Facebook Twitter About

Nicolas Cage Is Broke, Bankrupt, Poor! (Photos)

Nicolas Cage Photos

Actor Nicolas Cage might be one of the highest paid actors in Hollywood but he is currently facing major financial problems, owing $6.3 million in back taxes, after being ripped off millions of dollars by his longtime business manager, Samuel J. Levin.

According to a lawsuit filed on October 16, Levin “lined his [own] pockets with several million dollars in business management fees while sending Cage down a path toward financial ruin.”

Cage says he “relied on Levin to handle his financial affairs to ensure that he and his family would have a financially secure future built on the foundation of the substantial monies Cage earned through years of hard work.”

“He is now forced to sell major assets and investments at a significant loss and is faced with huge tax liabilities because of Levin’s incompetence, misrepresentations and recklessness,” the lawsuit alleges.

You can’t really trust anyone these days, especially when you have too much money! Levin started working for the actor back in 2001, but Nicolas claimed he only recently learned how bad is financial situation was and has already started selling several properties.

Nicolas Cage Pictures Below

[images: wenn.com]

Follow Joshua Holmes on Twitter

BREAKING: NFL Great Michael Irvin Accused of Rape

Posted under Celebrities, Nicolas Cage
Hot Stories on Bumpshack This Week
Sluttiest New Orleans Saints Fan Ever? OMG! Heidi Montag Plastic Doll Look Renee Scott Brown Republican Senator PHOTOS
Follow Bumpshack on Twitter

Related Posts

  • Christina Fulton Sues Nicolas Cage, Claims Abuse (PHOTOS)
  • Worst Dressed Celeb of the Day: Nicolas Cage
  • Carla Bruni, The Vampire, Does Letterman
  • Sarah Palin Prank Call from Nicolas Sarkozy Punk’d
  • Michael Lockwood Knocks Lisa Marie Presley Up with Twins
  • Lindsay Lohan Broke, In Need of Cash
  • Ramblings from the Shack: Edition 3
  • Guess Who? Broke Into Momma’s Lipstick Edition

  • 2 comments:

    1. Gravatar
      Thor Schlibodnik | November 3rd, 2009 12:57

      I’m honest as the day is long. Not a yes man. Will tell you the truth if your too fat or ugly. Any rich people want to hire me as their business manager? Mutual funds, properties and only profitable businesses is what I specialize in. Oh, I will also make sure your taxes are paid. Let’s do lunch.

       
    2. [...] Cage’s eldest son Weston Coppola Cage (photos below), filed a lawsuit against the actor, whose financial situation is very complicated at the moment (read more details on Nicolas Cage Is Broke!), for damages of more than $13 [...]

       

    Write a comment: