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Nicolas Cage Settles 2 Year Old Lawsuit.
Nicolas Cage and Christina Fulton have finally settled a 13 million dollar case stemming from 2009. Fulton has claimed that Cage did not transfer ownership of their house to her as promised. He also promised to take care of her and their 20 year old son.
She claims the title of the home was never transferred, and this prevents her from selling the home. Cage also served her with papers to leave the...
Nicolas Cage Has Tax Lien Placed By IRS
The IRS has placed a tax lien on actor Nicolas Cage over taxes that he owes from gifts that he has given out. The IRS is claiming that Cage owes back taxes on nearly $2 million that he gifted between 2004 and 2009. According to the IRS, gifters are to pay a 35 percent tax on any huge gift amounts. The IRS says that Cage owes them nearly $630,000 in back taxes.
It is being said that Cage owes $320,000...
Nicolas Cage Prepares For Death, Buys Tomb
Nicolas Cage,45 years old, just like everybody wonders how they want to spend internally, after the pass. Cage bought a 9 foot tall white pyramid shape tomb in a New Orleans, recently. Hoping this is where he final resting spot will be. Even though he is in a debt but he doesn’t want to go to out with a bang. According to Cage, the only reason he is in debt is because of his business manager,...
Another of Cages’ Homes up for Auction
Another of Nicholas Cages’ mansions went on the foreclosure auction block. His Bel-Air Tudor estate opened with an asking bid of $10.4 million. This is much less than the $35 million Cage had listed it for at an earlier time.
The mansion did not sale. There was not one bid on the steps of the courthouse in Pamona, CA. The home goes back to the lender who will try to rid of the house, which one...
Nicolas Cage’s Mansion Brings in $0 at Auction
Nicolas Cage’s Bel-Air mansion was up for grabs this week on the foreclosure auction block. Surprisingly the home did not sell and ownership of the Tudor style mansion was granted back to the lender on the property.
The home was described as a “frat house bordello” by a real estate agent. Cage had previously attempted to sell the home before for $35M. The opening bid at the auction...
Cage Pledges to Pay Back Taxes
Cage Pledges to Pay Back Taxes, Blames Former Manager for Mess
Blaming poor financial management by former business manager Samuel Levin, A-list actor Nicolas Cage has pledged to pay $14 million in back taxes and penalties to the IRS. The government recently slapped Cage with a tax lien of nearly $6.3 million on his real estate holdings as a means of collecting on a bill from 2002-2004. A $6.7 million...
Nicolas Cage Still Owes $14-Million To IRS
Actor Nicolas Cage is back in the news today, and it is not for standard Hollywood gossip. Cage revealed that he is in significant debt to the IRS, and believes he still owes almost $14 million to the federal government for back taxes.
Cage’s tax problem has been well known to the general public. Last August, the IRS made public their demand letter to Cage which requested $6.2 million for unpaid...
Nicholas Cage’s Legal Issues Continue, Actor Being Sued By Former Ex
There may be many more legal woes facing actor Nicholas Cage than just issues with the Internal Revenue Service.
Apparently Nicolas Cage and a current business partner had plans to sell his ex-wife’s house. His former wife Cristina Fulton was reportedly going to call a press conference in order to discuss with the press how unfair the process of selling her home would be to her. She also planned...
Nicolas Cage Sued By Ex
This just keep getting worse for actor Nicolas Cage.
According to reports his ex is suing him for for $13M.
Christina Fulton says the actor dragged her down with him and has forced her into a $1.2-million debt.
Fulton claims fraud and breach of contract in her complaint.
“This lawsuit is ridiculous and absurd. Nicolas Cage has given her approximately three million every year for many years, even...
Nicolas Cage Being Sued By Former Business Manager
Actor Nicolas Cage’s money trouble seems to be going from bad to worse.
Cage’s former business manager is firing back at accusations claiming he drove the star to financial ruin. Samuel Levin has filed a countersuit against the Leaving Las Vegas actor, accusing Cage of squandering his own fortune.
Initially cage stated that his financial woes were Levin’s fault.
Levin claims by the...
