By Chris KramerJune 24, 2011
Actor Tobey Maguire and a number of other high profile celebrities and businessmen have been sued by a bankruptcy trustee who is attempting to recoup money for investors who were scammed in a Ponzi scheme by former hedge fund manager Bradley Ruderman, according to multiple reports.
Maguire reportedly earned substantial amounts of money from participating in unlicensed, high-stakes poker games in upscale Beverly Hills hotels. One of the players who lost big to the "Spiderman" actor was Ruderman, who at one point allegedly lost more than $300,000 to Maguire.
RadarOnline reports Ruderman lost $25 million of investor money in order to pay off debts accumulated by his regular poker habit.
A suit filed in a U.S. Bankruptcy Court in California seeks to reclaim more than $4 million that was won during the secretive poker games, the Associated Press Reports.
Following an FBI investigation, Ruderman was arrested in 2009 and convicted on two counts of wire fraud and two counts of investment adviser fraud. Ruderman will be in prison until 2018.