London
(ANI):
Harry
Potter
star
Tom
Felton
has
admitted
that
he
nearly
lost
his
multi-million
pound
fortune
after
he
squandered
his
money
on
luxury
cars
and
ran
up
massive
debts.
The
23-year-old
actor
reveals
he
was
unable
to
keep
track
of
his
massive
earnings
as
a
teenager
and
wasted
a
lot
of
his
pay
cheques
on
"typical
teenage
stuff".
"I
bought
a
lot
of
rubbish
things
that
kids
buy:
skateboards
and
clothes
and
typical
teenage
stuff," the
Daily
Express
quoted
him
as
telling
Daily
Mail.
“And,
as
soon
as
I
could,
I
wasted
a
lot
of
money
on
cars
-
BMWs
mostly
-
for
myself
and
my
family.
My
mum
told
me:
You
have
worked
hard
for
it
so
get
what
you
want,
but
beware,
you
will
lose
money
on
cars.
And
she
was
right,"
he
said.
Felton
received
a
"scary"
wake-up
call
when
he
was
handed
a
massive
tax
bill
and
debt
collectors
turned
up
at
his
house
to
take
away
his
possessions.
"There
was
a
scary
two
years
where
it
was
madness
because
I
was
really
in
trouble
with
the
taxman.
I
had
been
working
for
eight
years
and
all
I
had
to
show
for
it
was
this
horrible
debt.
At
one
point
we
had
the
bailiff
at
the
door,"
he
said.
Felton
has
spent
the
last
18
months
working
with
an
accountant
to
sort
out
his
finances,
and
admits
he
is
relieved
to
have
finally
put
his
problems
behind
him.
He
added,
"I
managed
to
get
out
of
that
situation
but
it
was
a
scary
time,
the
result
of
too
long
burying
my
head
in
the
sand.
I've
spent
the
past
year
and
a
half
with
an
accountant,
trying
to
understand
VAT,
DVD
residuals
and
things
like
that.
I've
had
to
really
grow
up."