Nicolas Cage may be Hollywood royalty, but lately the Oscar-winning actor hasn't exactly been living like a king. Over the years, Cage spent his hard-earned dough buying property around the world, but in 2007 his extravagant lifestyle -- and the IRS -- caught up with him. Cage owed millions in taxes, his loan debts began mounting, and by 2010, the actor had lost four homes to foreclosure. In April 2012, he paid off the 2007 debts, but he's not in the clear just yet. According to TMZ, he still owes upward of $6 mil. How did one of Hollywood's highest-paid stars get into so much debt? Nic says a former business manager's fraud is to blame.