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Tomic – Explosive Focus » Christmas Lawsuits
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Christmas LawsuitsHere’s something Nicolas Cage didn’t want for Christmas: Another multimillion-dollar lawsuit. Cage says he’s facing financial ruin after allegedly being duped by his former accountant, is being sued by a real estate company who says he failed to repay more than $5 million in loans. Lawyers for Red Curb Investments also allege the actor, his former accountant and a mortgage broker defrauded them by not disclosing Cage’s true financial picture, including his $6.3 million tax debt. Marty Singer, Cage’s lawyer, tells PEOPLE: “Any claims that Nic Cage engaged in fraud or wrongful conduct is absurd and ridiculous.” All told, Red Curb is seeking at least $36.7 million for the original loan amounts, interest, damages, attorney fees and other costs. 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. He also faces another lawsuit filed by a bank which claims the actor failed to repay a $2 million loan that was extended this past August.
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