Nicolas Cage sues financial adviser

Actor Nicolas Cage has been hit by tax problems for his failure to pay his tax dues  dating back to 2007. 

The actor has blamed his financial adviser for misleading him over his monetary situation over a period of 7 long years. It further states that his adviser even charges him grossly for his professional fees. The adviser was said to have placed Nicolas Cage in numberous highly speculative and risky real estate investments resulting into losses. After learning of his financial condition, he fired his adviser, Samuel Levin and has hired top celebrity lawyer Marty Singer to represent him and demanding $20 million in damages.

The actor sold his Bavarian castle in Germany and one other property in Bath England. According to Forbes Magazine, Cage earned $40 dollars in the year ending June 2009.

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