Nicolas 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.

Last month, Nicolas hit headlines after he sued Levin alleging the businessman sent him “down a path of financial ruin,” by misleading him and overcharging for his services. But Levin claims Cage is to blame for his money woes, detailing the star’s extravagant spending habits in a countersuit, obtained by TMZ.com.

Referring to the actor by his birth name – Nicolas Coppola – the suit reads: “(By the time Levin was hired in 2001) Coppola had already squandered tens of millions of dollars… and owed millions of dollars in… income taxes, with no funds available to pay the tax debt.”

Levin claims in 2007 alone Cage spent $33 million on three new homes and bought 22 new cars, including nine Rolls Royces.

Nicolas is currently in debt to the IRS to the tune of $6.25 million and has lost at least two homes to foreclosure in the past month.