By: Pat Prescott
Published: Jun 23, 2021

Tobey MaGuire Being Sued Over Poker Winnings

Court records show that Tobey MaGuire and other celebrities have been named in a lawsuit filed by a bankruptcy trustee to recoup money from poker winnings of more than $4 million won during unlicensed poker matches at exclusive hotels, including The Four Seasons and the Beverly Hills Hotel. The lawsuit stems from Maguire’s connection to Ponzi-schemer Brad Ruderman, the CEO of Ruderman Capital Partners, who allegedly lost $25 million of investor money. Maguire is being sued for $311,000 plus interest.

The High stakes Texas Hold’em poker games Maguire and others participated in along with Ruderman himself had buy-ins of 100.000 dollars. Maguire, is alleged to have won more than $311,000 from Ruderman that the hedge fund manager siphoned from the investments of his clients. Lawyers for the clients who lost money to Ruderman maintain that Maguire’s winnings are fair game to recoup and return to scammed investors.

“As part of the scheme, funds invested in [Ruderman] were transferred to persons such as Defendant [Maguire] who received the funds on account of Ruderman’s gambling losses and on account of Defendant’s gambling winnings,” the suit reads. Maguire is “not entitled to receive the transfers from the Debtor, which transfers were [comprised] of improperly-diverted investor funds.”

According to Radaronline, In the games that were invitation only, Ruderman’s gambling debts to Maguire included a single losing poker hand of $110,000 in July 2007. Others being sued include film director Nick Cassavetes, for 73.000 dollars, “Welcome Back Kotter” TV star Gabe Kaplan, 62.000 dollars, and Paris Hilton’s onetime sex video partner, Rick Salomon among some others for the remaining amounts. Maguire has hired a lawyer but no statement has been made yet. Ruderman was convicted on two counts of wire fraud and two counts of investment adviser fraud, and is currently in jail in Texas and due to be released in 2018.

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