Your are here: Home // Celebrity News,Nicolas Cage // Nicolas Cage Settles Lawsuit With Accountant

Nicolas Cage Settles Lawsuit With Accountant

Nicolas Cage Settles Lawsuit

Nic Cage Settles Lawsuit

Nic Cage Settles Lawsuit

Nicolas Cage has settled a lawsuit with the accountant he accused of sending him “down a path of financial ruin.”

The actor filed suit against Samuel Levin in October, 2009, alleging the business manager misled him and overcharged for his services. The accusations stemmed from a $6.26 million tax lien Cage had been handed by America’s Internal Revenue Service (IRS), alleging he failed to pay income tax on wages dating back to 2007.

Cage also faced other claims of unpaid tax related to his earnings between 2002 and 2004, while he was accused of defaulting on a $2 million loan last year. Levin filed a countersuit, claiming Cage squandered his cash on homes and luxury cars and was to blame for his financial missteps.

In Nic’s defense, he only had $33,000,000 worth of homes and 22 cars (presumably a couple per house) including 9 Rolls-Royces.  No word from his former accountant how many were Ferraris…

Related posts:

  1. Nicolas Cage sues former biz manager LOS ANGELES — Nicolas Cage sued his former business manager...
  2. Nicolas Cage Blames Advisor for Financial Ruin How could one of Hollywood’s highest paid actors find himself...
  3. Financially unstable Nicolas Cage sued for second time this month Nicolas Cage has been slapped with his second lawsuit this...
  4. Broke Nicolas Cage Can’t Unload Cottage on the Balboa Pen The cottage built in 1913 at 112 24th St. on...
  5. Nicolas Cage Will Pay IRS $14 Million Nicolas Cage is determined to get his financial house in...

filed under: Celebrity News,Nicolas Cage Tagged with:

2 responses to "Nicolas Cage Settles Lawsuit With Accountant"

  1. he will play the personality of John Delorean, folks.

  2. Johnny says:

    Is it true he will play a opera singer in his next movie, I heard the story is going to be like SUBO.
    He will be a fisherman and with a family something around those lines.

Leave a reply

Web Analytics