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Entries in Poker (4)

Tuesday
Nov292011

Tobey Maguire Reaches Settlement over High-Stakes Poker Games

Jeffrey Mayer/WireImage(LOS ANGELES) -- Tobey Maguire has reached a settlement in a lawsuit regarding money he received from a convicted Ponzi schemer during high-stakes poker games in Beverly Hills.

The Spider-Man actor has agreed to pay $80,000 to a bankruptcy trustee who's attempting to recover millions allegedly lost by former hedge fund operator Brad Ruderman in the poker games, according to The Hollywood Reporter.  A judge will review the settlement during a court hearing scheduled for Dec. 21.

Twenty-two people in all were sued earlier this year by the trustee, who claimed the poker games held between 2006 and 2009 were unlicensed and illegal, and that the defendants' winnings came from victims of the Ponzi scheme.  As part of his settlement, Maguire states he was unaware of the Ponzi scheme.  He allegedly won over $300,000 in the poker games.

Another celebrity named in the lawsuit, Welcome Back, Kotter actor Gabe Kaplan, reportedly has also reached a settlement in the matter.  The Notebook director Nick Cassavetes is among the defendants who have not settled their cases.  Leonardo DiCaprio and Ben Affleck have also been linked to the poker games, but they were not sued.

Copyright 2011 ABC News Radio

Thursday
Jul072011

Ben Affleck Lost $400K to Universal Studios President in Poker Ring

Jason LaVeris/FilmMagic(LOS ANGELES) -- Ben Affleck needs to brush up on his poker playing skills.

In an interview with Star magazine, an "insider" explained that the actor was involved in the Tinseltown top secret poker ring with several other actors, and lost $400,000 to the president of Universal Studios, Ron Meyer.

According to the source, "Ben busted big.  He drummed up a giant tab, and then all of a sudden he disappeared from the game.  He wasn't seen for months."

Losing that sum of money to such an important figure in the movie industry could have proved fatal for Affleck.

"We knew that he couldn't stiff a businessman like Ron Meyer.  That would be 'career over' in Hollywood. Suicide,” the insider said, but added, “Ben eventually paid up and started showing up again for more games.”

Other stars allegedly involved in the ring include Leonardo DiCaprio, Matt Damon and Tobey Maguire, who's married to Meyer’s daughter, Jennifer.

Copyright 2011 ABC News Radio

Friday
Jul012011

Tobey Maguire Denies Wrongdoing in Hollywood Poker Games

Jeffrey Mayer/WireImage(LOS ANGELES) -- Tobey Maguire has filed legal documents claiming that he never participated in illegal high-stakes underground poker games, reports TMZ.  

Maguire is being sued by the victims of a now-jailed ponzi scheme architect, claiming Brad Ruderman used their money to pay off huge poker losses he suffered at the hands of celebrities including the former Spider-Man star.  Ruderman reportedly lost more than $300,000 to Maguire in a single hand back in 2007.

Maguire said in the court papers released Thursday that the Texas Hold 'Em games were not "controlled games," which would have required the host to have a license.  He also denied that he was trying to defraud anyone, and his attorney notes that in addition to winning, Maguire also lost $168,500 to Ruderman.  

However, Maguire admitted "that he was invited to participate in the Poker Games," but he denied that there was a "regular roster of players consisting of wealthy celebrities, entrepreneurs, attorneys and businessmen."

Copyright 2011 ABC News Radio

Thursday
Jun232011

Tobey Maguire Sued as Celeb Poker Ring is Revealed

Jeffrey Mayer/WireImage(LOS ANGELES) -- It's like a scene from a movie -- in fact, it is: 2001's Ocean's Eleven featured a sequence where Hollywood stars, playing themselves, faced off in a high-stakes underground poker game.  But Star magazine reports the sequence is very real, and now some celebrities could be in legal trouble because of it.

According to the magazine, Tobey Maguire is being sued by the victims of a now-jailed ponzi scheme architect, claiming Brad Ruderman used their money to pay off massive poker losses he suffered at the hands of celebrities including the former Spider-Man star.

Star reports Ruderman -- once the CEO of Ruderman Capital Partners -- lost some $25 million of his clients' money at a series of secret poker games attended by Hollywood celebrities, including Maguire, Ben Affleck, Matt Damon, and Leonardo DiCaprio. Ruderman reportedly lost more than $300,000 to Maguire in a single hand back in 2007, the magazine reports.

A source tells Star that card shark Maguire "could have made $30 to $40 million from these games," which were protected by armed guards and held at Hollywood hotspots like the Beverly Hills hotel, Four Seasons, and the Viper Room.

Maguire has reportedly retained legal counsel, who insists the games weren't illegal, Star reports.  Other notables named in the suit are director Nick Cassavetes, Paris Hilton's sex tape partner Rick Salomon, and professional gambler and Welcome Back, Kotter star Gabe Kaplan.

Copyright 2011 ABC News Radio







ABC News Radio