Nicholas Cage Broke?

By angsuman, Gaea News Network
Tuesday, November 3, 2009

nicholas_cageLos Angeles - Can you imagine one of the highest paid actors in the world, Nicholas Cage owes IRS $6.3 million in back taxes and in deep financial trouble?

Nicholas Cage filed a lawsuit on October 16th in Los Angeles claiming that his business manager, Samuel J. Levin, “lined his pockets with several million dollars in business management fees while sending Cage down a path toward financial ruin.”

Nicholas Cage hired Samuel J. Levin in 2001 to oversee his investments and finances.

While he didn’t fully realize the gravity of the situation until much later, he started selling off his properties from April, like his prized Bavarian Castle. He has put up several of his properties in USA for sale.

To add to his troubles, East West Bank filed a breach-of-contract complaint in Los Angeles Superior Court that claims Nicholas Cage had failed to repay a $2 million loan.

Misery loves company. Nicholas Cage’s father, August Coppola, died of heart attack on October 27th, forcing him to cancel screening of his new film.

Our symapthies are with National Treasure star, Nicholas Cage in his hour of need. From People’s report it apperas that Nicholas Cage is broke at this time.

Discussion

ama
March 15, 2010: 5:02 am

nicholas is a man with integrity i think wat happend to him could happen to anyone.he still remains my best among the rest.


Larry Boltz
January 27, 2010: 12:58 am

Please consider staying here if your next movie is centered in DC. 45 miles away from the WH and juse a couple miles away from Bull Run MT and completely surrounded by golf course and mountain. Screaming is both allowed and not heard even within the confines of the house. One neighbor even has a daughter who cuts hair, I have never seen her. High Colonial. Private. Thanks, Larry


RSmith
November 8, 2009: 12:17 pm

You are sooo stupid if your “heart goes out to Cage in his hour of need”. I wished this self-important asshole would have to live on the street, if he blows his bucks on Bavarian castles and multiple residences.
What a dumbass you are!


K. Scorpio
November 3, 2009: 7:43 pm

Unbelieveable - you are suggesting that we should feel sorry for those who make multi-millions, ask others to manage their money…..when trouble hits, have to sell their castle!!!
Please, this is not a story to feel sad about but mearly a story of greed and poor decision making


No Spam
November 3, 2009: 4:55 pm

Frances Ford Coppola is
1) NOT DEAD
2) NOT Nick Cage’s father (he is his uncle)

Nick Cage’s father did just die but his name is August Coppola, (a brother of FFC :)


Bobby
November 3, 2009: 4:40 pm

Cmon Guy!!!

Franis Ford Coppola is
A)Alive
B)NOT Cage’s DAD
C)Cages GRANDFATHER

Cage’s dad is AUGUST Coppola.

Do some F’n Research man!


Brad
November 3, 2009: 3:12 pm

Just one correction to your story. Nicholas Cage’s father who died is August Coppola not his Uncle Francis Ford Coppola.


Anonymous
November 3, 2009: 3:08 pm

I thought it was his brother August, not Francis?

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