Tobey Maguire Sued For Illegal Poker Winnings
Sources Say Maguire Won Millions In Hollywood Home Game That Included DiCaprio, Affleck and Damon
Radar Online is reporting that Spider-Man star and poker aficionado Tobey Maguire has been named in a lawsuit for connections to an illegal underground poker game featuring numerous Hollywood stars that ran between 2006 and 2009. A document from the Central District of California – Los Angeles Division United States Bankruptcy Court confirms the report.
The lawsuit stems from the participation of Brad Ruderman, a man currently serving time in a Texas jail after being convicted of two counts of wire fraud and two counts of investment adviser fraud. Ruderman served as the CEO of Ruderman Capital Partners, which was later revealed to be a ponzi scheme by FBI investigators.
Ruderman allegedly lost upwards of $25 million of investor money in these poker games that featured some of Hollywood’s elite, including Matt Damon, Ben Affleck and Leonardo DiCaprio. Others connected to the game included Nick Cassavetes, Gabe Kaplan, Rick Salomon and wealthy businessmen such as Alex Gores and Andrew Sasson. However, Maguire is the only player named in the lawsuit thanks to a series of recovered bank transfers.
The lawsuit seeks to reclaim $311,200 in losses from Maguire. The trustee claims that Maguire “had no legally enforceable contractual right to receive payment, and had no right to enforce the winnings in state or federal court.” Furthermore, Maguire is “not entitled to receive the transfers from the debtor, which transfers were compromised of improperly diverted investor funds.”
According to court documents, the invitation-only game rotated between the player’s private residences and upscale hotels such as the Four Seasons, the Peninsula and the Beverly Hills Hotel, which are not licensed by the state of California to spread poker. Private dealers and security were hired for these games that ran twice weekly.
One source who played in the game reported that while Maguire and Affleck held their own on the felt, DiCaprio and Damon were among the regular donators. Maguire frequented major poker tournaments at Bellagio, the Bicycle Casino and World Series of Poker between 2004 and 2007, racking up $223,645 in earnings. His career best score came in the 2004 $2,000 National Championship of Poker main event where he defeated 123 players for $95,480.
|1||Cuban: Tiger Woods A 'Sore Winner' At Poker|
|2||Check Out The Las Vegas Poker Summer Schedule|
|3||Poker Strategy: Variance Is Your Friend|
|4||A Poker Life: Isaac Baron|
|5||Online Poker: Isaac Haxton Wins $310,000|
|6||Poker Hand of the Week: What's Your Play?|
|7||Explain Poker Like I'm Five: Fold Equity|
|8||CPTV Classic Video: High-Stakes Tennis Prop Bet|
|9||Man Pleads Guilty To Illegal Poker In Michigan|
|10||Mustapha Kanit Wins PokerStars SCOOP Main Event|
|1||The 'Colossus' Might Have Already Set New Record|
|2||WSOP No Longer Allowing $100 Bills In Cash Games|
|3||Cuban: Tiger Woods A 'Sore Winner' At Poker|
|4||Phil Ivey Has Huge Week At Virtual Tables|
|5||Check Out The Las Vegas Poker Summer Schedule|
|6||Floyd Mayweather Wins $830K Gambling In Vegas|
|7||Vanessa Selbst Appears On 'Steve Harvey Show'|
|8||Online Poker: Viktor Blom Takes In $1 Million|
|9||Seidel Wins EPT Grand Final €100k Super High Roller|
|10||Trailer Released For Negreanu Documentary|