‘Celebs are people too!’ has long been the mantra for anybody suddenly finding their celebrity heroes in an embarrassing fixes that compromise their dignities. And this is true – celebrities are indeed people just as you and I are, albeit with issues blown way out of proportions. What may be a falling out with a friend due to unpaid money you borrowed is kind of like the same thing as earning tons and tons of cash, splurging on mansions, and ending up owing the IRS for a celebrity. Let’s take a look at some of the celebrities who were a bit down on their luck and ended up broke recently.
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After all her trials and tribulations, Lindsay Lohan in the end needed half a million dollars from Charlie Sheen to be able to settle her LA home and to keep the IRS at bay.
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The former NBA superstar went on a financial nosedive, eventually leading to ‘The Answer’ being pulled over for driving a luxury car that he owned without any tags on it.
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The former boxing superstar had long been on the ropes from trying to keep up with raising his eleven kids among six different baby mamas. Holyfield also staggered with the foreclosure of his Atlanta mansion.
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The infamous and somewhat eccentric actor suffered terrible financial losses the past year, losing millions of dollars from not paying his taxes. Cage initially blamed his business manager for not paying his taxes, who then countered Cage’s allegations by detailing Cage’s ridiculous spending sprees which included a handful of mansions all over the world worth millions of dollars, cars, jewelry, artwork, and exotic items.
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The fast-talking comedian suddenly vanished from the Hollywood scene after his Rush Hour sequels to splurge away his millions, ending up with him currently lagging behind on his taxes.
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After earning tons of cash for being a successful comedian in such features as the National Lampoon Vacation movies, Randy Quaid eventually ended up arrested for squatting in his former home after having sold it to its current owner.
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Due to a real estate blunder on Baldwin’s part with his Nyak, NY property, the pouty faced actor ended up with over $800,000 worth of loans.
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The soul sister who hit it big in the 90s and early 2000s was charged last June for failing to file income tax returns for several years with the IRS, leading to Hill facing three years in jail.