He's Not A Fraud!

wenn2672832cage.jpg

Whoops!

Turns out Nic Cage isn't being sued for fraud - he's just being sued for $3 million!

Red Curb investments have sued the actor for the $3 mil in loans Cage has failed to pay them back, but won't be suing Nic for the additional reported $15 million for failing to disclose to the IRS he was in debt.

"Any claims that Nic Cage engaged in fraud or wrongful conduct is absurd and ridiculous," says Nicolas' lawyer, Marty Singer.

It's only too bad for Cage's mortgage broker and previous accountant - they're being sued for $3 mil by Red Curb as well!

[Image via WENN.]

    Posted: Dec 28, 2009 at 9:00 am / Email this  »

    3 comments to “He's Not A Fraud!”



    1. 1

      Who Fucking Cares
      about rich people and
      their stupidity when it
      comes to their millions
      of dollars.

    2. @v@ says – reply to this


      2

      People who are owed money usually like to have it back.



    3. 3

      Now here's something I feel genuinely bad about. Rep has it Nic is a NICE GUY who's often misunderstood. This true, Perezzie? I sure hope he gets a resolution of his financial catastrophes sooooon. I loved him in Ghost Rider, even though it was a box office bomb. He entertains me anyway.