Spiderman Sued by Bankruptcy Trustee for Poker Winnings

Bankruptcy trustee Howard Ehrenberg is suing Tobey Maguire, star of "Spiderman," in a claw back effort to reclaim more than $300,000.

Ehrenberg is the trustee in the bankruptcy case of Bradley Ruderman. Ruderman is currently in prison for stealing $25 million from investors in his Ponzi scheme, fronted by a hedge fund that he managed.

Ruderman played high stakes games of Texas Hold 'Em poker with Maguire and lost big. The games were played in Southern California hotels between 2006 and 2009.

Checks written to Maguire for covering poker losses total $311,200.

Funds invested in Ruderman's Capital were transferred to Maguire for payment. Maguire was unaware that investors victimized by Ruderman funded his winnings. The trustee said that the money still needs to be repaid.

"It is a technical legal argument - if you are involved in an illegal activity, you don't get that defense of ignorance," Ehrenberg said. "The game he played in itself was illegal. That's the linkage, the money was paid directly from Ruderman Capital."

Games played in private homes for stakes are not illegal in California. However, the suit alleges that the games that Ruderman and Maguire played were against the law because a paid event planner organized everything.

If you are looking into the possibility of filing in bankruptcy court, contact a Chicago bankruptcy attorney for more information about the process.

 

Start Your Questionnaire

How may we help you?

Schedule an appointment today.

Why Choose Us?

  • You can meet with an experienced law Partner in the Firm not some associate.
  • We concentrate in foreclosure defense and bankruptcy so we have more options to offer you then other attorneys
  • We also represent individuals in Chapter 11's that offer better loan workout and restructuring options then Chapter 13 and most bankruptcy lawyers do not know how to do it.
  • We offer a free no obligation consultation where we will discuss your option or options, tell you the pros and cons of each one, the fees and costs and help you make an informed decision. There can be more then one solution!
  • We offer affordable payment plans and fixed fees in most cases.