Cage Countersued By Business Manager
Nicholas Cage might have been broke after all. According to TMZ.com, Cage already spent millions of dollars and owed millions in taxes before he even hired Samuel Levin as his business manager. A week ago, Cage saw two of his homes in New Orleans get sold in an auction since Nick was broke.
Levin, Cage’s business manager that he is suing, claims that Cage bought homes in the millions and ridiculously expensive cars and jewelry back in 2007. This is all part of Samuel Levin’s countersuit. Levin also wants over 120k that Cage owes him.
I’m sure the firing back and forth will continue. Cage is losing most of his possessions as we speak.
Nicolas Cage’s Castle is For Sale
Ever wanted to own your own castle? Well, there is one mammoth of a castle in Etzelwang, Germany that is for sale by no other than Nicolas Cage. Cage has become broke since he owes the IRS 6 million dollars from unpaid mortgage debt. All this debt was accumulated by his schemy business manager making risky investments while the actor had no idea.
| The castle bought in 2006 for $2.3 million is back on the real estate market. It is known as the Neidstein Castle of Etzelwang and it has nearly 400 acres of land. The castle also has 10 bedrooms and 5 bathrooms. The getaway sits on top of a hill looking down on 395 acres of forest and beautiful fields. It is the perfect spot for a king which is what Cage thought he was at the time. |  |
Nicolas Cage is already going to lose investment homes he has in New Orleans. Those are going on the auction block November 12th. The selling of this castle and another one of his homes in Hollywood should help repay the unsettling millions that he owes to the IRS.
Nicolas Cage owes millions to the IRS
Nicolas Cage is having financial trouble? Yes, he sure is. The million dollar Hollywood actor, who has starred huge movies like National Treasure, World Trade Center, and Gone in Sixty Seconds, is now seeing some of his properties disappear in auctions.
Cage’s New Orleans homes will be put up for auction on November 12th. The homes had an unpaid mortgage debt totaling over 5-6 million dollars. These homes aren’t the only investments Nicolas Cage has. Cage’s home in Hollywood and in Germany are up for sale in order for him to pay the IRS what is owed to them.
So where in the world did all the money go? Cage is certain that his former business manager, Samuel Levin, has had something to do with it. Levin is getting sued by Cage for 20 million in damages. According to Cage, his manager wasn’t paying taxes and was putting money in very risky real estate investments. Looks like someone has some explaining to do.
Toni Braxton Has More Than Health Problems
Six-time Grammy winner, Toni Braxton, has more problems to deal with other than her health. Braxton has been defaulting on her mortgage payments for her home in Century City, California. She owes more than $12,500 bucks to Bank of America and they are going to foreclose if she doesn’t pay up.
It isn’t certain whether the singing diva will be able to pay up the owed amount especially since she has been battling health problems. Braxton has since closed down her Vegas shows at the Flamingo Las Vegas hotel. She has been treated before for a heart condition called pericarditis, which is an inflammation of the heart.
Pam Anderson Loses Her Shirt With A Construction Company
Former Baywatch babe, Pam Anderson, seems to be fighting a lien filed against her by a construction company. The former actress apparently owes the company over 600k for building her house. Anderson is disputing the allegations that she is having financial problems.
In a statement sent out by Pamela she said her lawyers were reviewing the situation with the construction company. Pam also stated, “Mistakes may have been made in calculating taxes owed and we are now in the process of ensuring that any taxes owed are paid.”
Pam Anderson has recently been promoting a new clothing line she created with Richie Rich called, A*Muse.
