Thursday, 23 June 2011
Tobey Maguire is one of 22 players facing legal action as a group of investors try to recoup money scammed in a ponzi scheme which was then used in high stakes poker games.
The Spiderman star is alleged to have won over $300,000 from hedge fund manager Brad Ruderman who reportedly lost $5.2m of investors' cash in the twice-weekly games held at luxury Beverly Hills hotels. Ruderman is currently serving a jail term on two counts of wire fraud and two counts of investor advice fraud.In an attempt to get back some of their money, Ruderman's former investors have instructed lawyers to serve civil suits against those involved in the poker games claiming that the games were against California law. According to the suit, “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.”Other A listers such as Matt Damon, Ben Affleck and Leonardo di Caprio are also said to have taken part in the games but have not been named in the court documents. Names that are on the list include Hollywood film director Nick Cassavettes, billionaire businessman Alec Torres and former High Stakes Poker commentator Gabe Kaplan.Read the full suit here.
The sixth annual edition of Grosvenor Casinos’ Goliath tournament series may have begun last week but players are being advised that there is still time to qualify for seats into its prestigious £120 buy-in main event.
Land-based and online gaming products innovator Scientific Games Corporation is set to run its second annual Shuffle Master Classic event next month offering one lucky poker player the chance to walk away with $100,000 in cash.
Land-based casino operator Estoril Sol has been awarded the first online gaming license for Portugal and has teamed up with platform provider Gaming1 to launch the new EstorilSolCasinos.pt domain.
With 5,000 expected entries, £250,000 guaranteed in prizes and only £120 to play, its no wonder Coventry is the place to be between July 30 and August 7.
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