Here’s something Nicolas Cage didn’t want for Christmas: another multimilliondollar lawsuit.
Cage, 45, who says he’s facing financial ruin after being duped by his former accountant, is being sued by a real estate company that says he failed to repay more than $5 million in loans.
Lawyers for Red Curb Investments also allege that the actor, his former accountant and a mortgage broker defrauded them by not disclosing Cage’s true financial picture, including a $6.3 million tax debt.
All told, Red Curb is seeking at least $36.7 million for the original loan amounts, interest, damages, attorney fees and other costs.
Marty Singer, Cage’s lawyer, responded that “any claims that Nic Cage engaged in fraud or wrongful conduct is absurd and ridiculous.”
Earlier this month, Christina Fulton, the mother of Cage’s 18-year-old son, sued Cage for fraud for $13 million. He’s also locked in a legal battle with his former accountant, who blames Cage’s financial collapse on the actor’s “compulsive, self-destructive spending.” And Cage also faces a lawsuit filed by a bank that claims he failed to repay a $2 million loan that was extended in August.
Source: People.com
Monday, December 28, 2009
Monday, December 28, 2009
Tim Failon
ncolas cage
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