UPDATE: Red Curb investments is not suing Nicolas Cage for fraud and the previously reported $36.7 million, clarifies People. Rather, the private lender is suing the actor for failure to pay back nearly $3 million in loans.

Red Curb is additionally suing both Cage's mortage broker and former accountant for $3 million each, claiming the two defrauded the company by neglecting to disclose the Oscar winner's financial status.

Cage's lawyer Marty Singer tells the publication: "Any claims that Nic Cage engaged in fraud or wrongful conduct is absurd and ridiculous."

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Another day, another lawsuit for Nicolas Cage.

Only a few weeks after his 18-year-old son's mother slapped him with a $13 million lawsuit, Cage is facing yet another multimillion dollar court case.

So who's suing the Oscar winner this time?

Red Curb investments, a real estate company who claims the 45-year-old actor failed to repay them over $5 million in loans and come clean about an alleged $6.3 million tax debt he had already incurred, according to People.

The company is seeking at least $36.7 million for attorneys fees, damages, the original loan amounts, and interest, among other things, for the alleged loan stiff.