Classic Car Broker Peter Brotman Sentenced to Prison after Bamboozling Nicolas Cage Out of $300k
Peter Brotman, a classic-car broker who reportedly conned actor Nicolas Cage and other clients out of large sums of money was sentenced to five years in prison and ordered to pay $1.8 million in restitution. Brotman reportedly sold classic cars on consignment for the rich and famous, then kept the money. His attorney blamed "cash flow problems" as the reason that Brotman, 47, did not send proceeds from the sale of a Rolls Royce, an Aston Martin, three Ferraris, a Cobra and a Jaguar to the clients who owned the cars. Actor Nicholas Cage reportedly lost $300,000 when Brotman failed to pay him the full amount of car sales in 2004.
Peter Brotman, a classic-car broker who reportedly conned actor Nicolas Cage and other clients out of large sums of money was sentenced to five years in prison and ordered to pay $1.8 million in restitution. Brotman reportedly sold classic cars on consignment for the rich and famous, then kept the money. His attorney blamed "cash flow problems" as the reason that Brotman, 47, did not send proceeds from the sale of a Rolls Royce, an Aston Martin, three Ferraris, a Cobra and a Jaguar to the clients who owned the cars. Actor Nicholas Cage reportedly lost $300,000 when Brotman failed to pay him the full amount of car sales in 2004.
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