Actor Nicolas Cage’s money trouble seems to be going from bad to worse.

Cage’s former business manager is firing back at accusations claiming he drove the star to financial ruin. Samuel Levin has filed a countersuit against the Leaving Las Vegas actor, accusing Cage of squandering his own fortune.

Initially cage stated that his financial woes were Levin’s fault.

Levin claims by the time he was hired in 2001, “Coppola [Cage] had already squandered tens of millions.”

Moreover, he owed millions in taxes “with no funds available to pay them.”

In his countersuit, Samuel Levin, CPA, says when he was hired he warned Nic Cage he needed to earn $30 million a year just to maintain his lavish lifestyle.

In 2007 alone, Cage bought three homes totaling $33 million-plus, 22 cars (including 9 Rolls Royces), 12 pieces of expensive jewelry and 47 pieces of art.

Last week the 45-year-old actor lost two of his New Orleans homes due to foreclosure auction.

Nicolas Cage Being Sued By Former Business Manager