Nicolas Cage’s former money manager sues, claiming actor’s lavish spending to blame for woes

Nicolas Cage sued by former money manager

LOS ANGELES — Nicolas Cage is being sued by his former business manager, who claims lavish spending is to blame for the actor’s financial problems.

Samuel J. Levin filed a countersuit in Beverly Hills on Nov. 12, less than a month after the “National Treasure” star sued Levin for fraud and claimed he was leading him toward financial ruin.

Levin’s suit says he tried to warn Cage when he was hired in 2001 that Cage was outspending even his large Hollywood paychecks.

The filing states Levin enacted a plan that resulted in Cage selling a dozen automobiles and a $1.6 million comic book collection.

Cage’s attorney Martin Singer didn’t immediately return a call seeking comment.