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.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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