Las Vegas superstar Wayne Newton says his big mistake was trusting the wrong people.
"And if that is my major crime in life, then I accept that," the Las Vegas headliner said in the latest People magazine.Newton, 50, filed for bankruptcy protection in August, citing debts of $20 million.
Newton makes millions, but some of his investments - such as those in Indian gambling parlors - have run into trouble.
He said former business managers failed to keep his bills paid and keep him informed.
Newton said his spirits are high as he works out a repayment plan.
"I'm really keeping everything I want to keep," he said. "It isn't a matter of losing my home or the plane."