Thaindian News

By Ranjan Bhaduri
Los Angeles, Apr 10, (THAINDIAN NEWS) “What’s wrong can never be made right” said Ronny Cammareri in “Moonstruck”. The reel thing has come along a long way to be the real thing in Nicolas Cage’s life. Reportedly, the leading man of Hollywood is in deep financial wreckage and is said to be selling out all his major properties to clear off his debts.

He is desperately trying to make all “wrong” things “right” over here. Last week he was reported to be selling out his “Bel Air” mansion under auction to pay off his debts which is reported to be a total of $6.3 million tax returns which was left unpaid for years. The overpriced mansion had previous owners like Dean Martin and Tom Jones.Nicolas Cage has sued his financial manager Samuel Levin for his wrecked situation. Samuel Levin who had been the financial adviser for the superstar told in a media disclosure that he had already gone ahead to issue a warning to the actor that his extravagant lifestyle will one day lead him into heavy debts if he is not being able to earn a total of $30 million in an year. Samuel Levin said that Nicolas Cage has gone ahead to invest money in certain risky deals which was all based on speculation but actually there weren’t any satisfactory returns from it. Samuel Levin also claimed that the actor has even deprived him of him fees.

However, a different version of the story was heard from Nicolas Cage’s lawman, Marty Singer, who snubbed down all allegations made by Samuel Levin and said that just like Nicolas Cage, he too feels that Samuel Levin is responsible for the actor going broke.