Nicolas Cage accused of fraud

**DontMindMe** · February 22nd, 2008, 03:18 AM

So apparently Nicolas Cage is using one of his businesses to write off millions of dollars worth of “personal expenses.” What? You mean the backyard hot tub isn’t a business expense? Certainly it’s a great place to schmooze.

Actor Nicolas Cage has been accused of using his production company to “wrongly write off $3.3 million in personal expenses.” The National Treasure star is fighting an Internal Revenue Service (IRS) payment after allegedly using his Los Angeles-based company, Saturn Productions, to pay for “limos, meals, gifts, travel,” reports New York gossip column PageSix.com. However, a spokesman for the star says the items were “security needs.” Cage has filed a U.S. Tax Court lawsuit disputing $814,000 in taxes and penalties while Saturn is refusing to pay the IRS $988,000.

And here I feel guilty for writing off post its as a business expense.
Nicolas Cage Accused of Fraud

**NicoleWasHere** · February 22nd, 2008, 06:37 AM

Why am I not surprised?

**MissDecember** · February 22nd, 2008, 07:10 AM

**kingcap72** · February 22nd, 2008, 09:48 AM

The real fraud that he should be accused of is his 'acting.' Somebody needs to investigate that and take back his Oscar...Milli-Vanilli-style.

**Soth** · February 22nd, 2008, 10:02 AM

I declare a Wicker Man sacrifice with loud bloodhound gang music in the background

**louiswinthorpe111** · February 22nd, 2008, 12:28 PM

Fraud, stealing chihuahuas, can't wait for what comes next.

**Grimmlok** · February 22nd, 2008, 02:31 PM

Hopefully dying, I can't stand his 'acting'

**witchcurlgirl** · February 22nd, 2008, 05:23 PM

Nicolas Cage accused of fraud

by anyone who's ever paid to see his movies

**venue_26** · February 22nd, 2008, 05:37 PM

That's, my friends, is why you need a good accountant.

**CherryDarling** · February 22nd, 2008, 06:06 PM

Hmmmmm....

**sparkly** · February 22nd, 2008, 10:49 PM

Originally Posted by Soth

I declare a Wicker Man sacrifice with loud bloodhound gang music in the background

That is one of the WORST movies of all time. I rented it and want those 2 hours back of my life. I still get highly annoyed whenever I think of the time I wasted watching that movie.

**aabbcc** · February 23rd, 2008, 08:41 AM

Well, when you make such bad movies, you have to get your spending money somewhere.

**Karistiona** · February 23rd, 2008, 09:51 AM

Snark, hope he gets taken to the cleaners. Or at least gets in big trouble. He's horrendous, can't bloody stand him.

**Novice** · February 23rd, 2008, 01:28 PM

so do I but even I have to admit that he'd've been better off spending $3.whatever million on a better toupe´ for GhostRider....

**celeb_2006** · February 23rd, 2008, 05:03 PM

Ahh, he didn't hurt anyone so let him be. He entertains millions around the world and makes them forget their problems while they watch his movies at the cinema.

No big deal, move on.