..

Spiderman Star to Appear in Court Over Poker Ponzi Scheme

Written by:
Patrick Flanigan
Published on:
Jul/27/2011
Spiderman Poker

Spiderman star Toby Maguire is set to appear in a court hearing over an elaborate poker ponzi scheme he took part in.

Maguire has been ordered to appear before a court to answer charges put forth in a complaint against him.

A lawsuit contends that hedge fund manager Brad Ruderman caused some investors to lose their life savings as part of a complex ponzi scheme and at least $300,000 of that money went to Maguire.  The Spiderman actor won that amount through his participation in clandestine underground high stakes poker games that were part of the scam.  Other celebrities named in connection with the high stake poker games include Ben Affleck, Leonardo DiCaprio and Matt Damon.  So far, only Maguire has been served with the lawsuit. 

“The investors that I represent lost about $50 million dollars,” Ehrenberg told RadarOnline.com exclusively. “I contacted representatives for Mr. Maguire before I filed the lawsuit against him as a courtesy, because I didn't want to cause him embarrassment. My attempts to collect money from Mr. Maguire were unsuccessful and went unnoticed, and I was forced to file the lawsuit against him.

“I was appointed by the court as a trustee in this case, to get money for investors that lost their money. I'm not trying to garner any publicity for myself, I just want to get money that is owed to the investors in the Ruderman Capital Partners hedge fund."

Lawyers for the actor claim Maguire had no idea the poker games he took part in were illegal.

Prosecutors have until November 30 to prepare their cases.

Maguire is set to star producing an adaptation of “The Little Mermaid”. 

- Patrick Flanagan, Gambling911.com

Poker News

$5 Million Venom Kicks Off Today

$5 Million Venom PKO Kicks Off Today

Americas Cardroom has hundreds of seats up for grabs via our Venom PKO Fever satellites which start Friday, April 9th.

Oh My God: Brunson Blocks Doug Polk, Matt Glantz Over "Atheist" Tweet

Brunson: "The reason I blocked Doug Polk is the smug way he portrays himself. And what he says might be true, nobody should declare themselves as the greatest of all time. Your peers should do that to be really true."

WynnBET Launches Mobile Sports Book In Fifth State

WynnBET Launches Mobile Sports Book In Fifth State

WynnBET, the premier casino and sports betting app from the global leader in luxury hospitality, Wynn Resorts, opened its mobile sports book in Indiana today.

World Series of Poker 2021 to be Held in September

World Series of Poker 2021 to be Held in September

In a sign that life may be coming back to normal following a global pandamic that has shut down major events over the past year, the World Series of Poker has announced its Main Event in the US will take place in-person at the Rio All-Suite Hotel & Casino Thursday, Sept. 30 through Tuesday, Nov. 23.

Phil Hellmuth Defends Legacy Before Taking on Kid Poker

Phil Hellmuth Defends Legacy Before Taking on Kid Poker

"High Stakes Duel" takes place Wednesday March 31, 2021 starting at 2 pm and features Phil Hellmuth going up against Daniel Negreanu in an effort to determine the GOAT of Poker.

Syndicate