Nicolas Cage Broke

  • Movie star Nicolas Cage has filed a lawsuit against business manager Samuel Levin for mismanaging millions of dollars of Cage's income and putting the actor in severe debt with the IRS.http://www.cnn.com/video/#/video/showbiz/2009/11/03/kaye.nicolas.cage.broke.cnn

    He is selling off his properties in Las Vegas, Brentwood, Rhode Island and New Orleans to pay back over $6 Million of back taxes along with a default on a $2 Million loan.http://www.examiner.com/x-21158-Flagstaff-Celebrity-Headlines-Examiner~y2009m11d3-Nicolas-Cage-broke

    Cage has pointed the finger at Levin for getting him into the financial mess. But debate has sprung up over whose responsibility it is to watch the actor's money.

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