Nicolas Cage Blames His Financial Advisor For Going Broke
Nicolas Cage is playing the blame game when it comes to the reason why he’s millions of dollars in debt. He’s saying his financial advisor, Samuel J. Levin, lined his pockets with several million dollars in management fees while letting himself fall into financial ruin.
The sad thing is Cage hired Samuel in 2001 to handle his business interests, investments, and finances, but just recently found out how bad his financial situation really was. He owes millions in back taxes and another $2 million to East West Bank for a loan he failed to repay.
I can’t believe it took so long for Cage to realize he was going broke. He’s going to end up losing around $20 million between the debts he owes and the money he’s losing for having to sell his homes at lower rates than their worth. So sad.
Source, Photo Source: Patricia Schlein/WENN
1 babblicious comments:
oh. this is a sad news for Mr. Cage. he hired an incompetent financial advisor and now he’s in debt! for people out there who don’t want to suffer the same thing Mr. Cage has experienced, you should seek the help of those financial advisors who are reliable and will not put you at risk.you can come to them:
managed futures