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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

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