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Actor Kevin Spacey faces losing his home and amassing millions in debt.

Star parts in "American Beauty" and "House of Cards" previously brought him acclaim and wealth. However, accusations of sexual misconduct have caused his status to decline, admits Kevin Spacey.

When allegations against Spacey became public, Netflix immediately ended the collaboration.
When allegations against Spacey became public, Netflix immediately ended the collaboration.

Individuals Reinterpret Text - Actor Kevin Spacey faces losing his home and amassing millions in debt.

Kevin Spacey, the ex-Hollywood celebrity, recently disclosed his grim financial situation, claiming he'll soon lose his residence and is deeply in debt. The 64-year-old star starred in movies like "American Beauty" and "House of Cards." He tearfully disclosed that his mansion in Baltimore, Maryland, will soon be up for auction. Spacey revealed his inability to pay his bills and confessed to having "millions" in debt after being sued for sexual misconduct.

In the last few years, several men accused Spacey of such offenses. The infamous #MeToo movement saw the first such accusation from actor Anthony Rapp. This led to a barrage of similar allegations and nearly destroyed Spacey's career.

Spacey refuted Rapp's claims and, in 2022, a New York court cleared both men. Not all cases ended this way, though. Several lawsuits against Spacey were dismissed or dropped due to time restrictions. In 2023, another trial in London found him not guilty of the same charges brought by four accusers.

Spacey speaks of his errors and denies aggression

In his appearance on "Piers Morgan Uncensored," Spacey owned up to his mistakes but denied being overtly aggressive. He confessed to crossing boundaries and touching individuals sexually without their consent, claiming he had been "gentle" during these incidents.

During the London trial, the prosecution portrayed Spacey as a man who exploited his power to sexually assault others. Spacey, however, either denied the claims or maintained the encounters were consensual.

Once the accusations against Spacey went public, Netflix severed ties with him on their successful show "House of Cards," in which Spacey portrayed the ruthless politician Frank Underwood. Additionally, he was removed from scenes in the thriller "All the Money in the World."

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