Tuesday November 17, 2009 3:23 pm
Nicolas Cage Countersued By Business Manager
Movie star Nicolas Cage recently admitted to having some serious financial troubles, suing his business manager because of his missing funds. But the manager - Samuel Levin, CPA - has filed a countersuit against the actor.
Levin said that Cage “had already squandered tens of millions of dollars,” when he was hired, and that the National Treasure star owed “millions” in “income taxes, with no funds available to pay the tax debt.”
The countersuit claims that Levin told Cage he needed to make at least $30 million per year to continue living in his usual manner. Levin says that in 2007 alone, the actor purchased three homes for the sum of $33 million and twenty-two cars (nine of which were made by Rolls Royce), among other extravagant purchases.
Read More | TMZ
Nicolas Cage’s former manager also says in his suit that the actor actually owes him money - $128,872.98 for business management services he provided. According to gossip, actor Johnny Depp has offered to lend a helping hand to Cage to get him out of debt and back on track. Maybe it would be more fruitful if Depp offered to talk Tim Burton into giving Cage a job instead?
- Related Tags:
- countersuit, countersuits, debt, finances, financial problems, financial troubles, gossip, johnny depp, lawsuit, lawsuits, nic cage, nicholas cage, nicolas cage, sam levin, samuel levin, sidefeatured
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