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Billionaire Businessman Implicated In Poker Scandal 'Has Done Nothing Wrong' Says Attorney

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Jun. 22 2011, Published 7:15 a.m. ET

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By Jen Heger - Legal Editor

Billionaire businessman Alec Gores has been implicated in an underground Hollywood poker scandal, however the attorney speaking out on his behalf insists his client has done nothing wrong.

"Alec Gores has not been accused of doing anything wrong nor has he done anything wrong," his attorney Patricia Glaser exclusively told

"And there was nothing improper about the poker game that is the subject of this lawsuit. Mr. Gores will either successfully resolve the claim against him or successfully defend against the claim."

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Gores, who is worth $1.6 billion and sits at number 287 on Forbes’ richest list, is one of more than a dozen high-profile Tinsel town people being sued in connection with clandestine high-stakes games at luxury venues such as the Four Seasons Hotel in Beverly Hills and the Viper Room on Sunset Boulevard.

As Star magazine revealed in a world exclusive investigation, Spider-Man star Tobey Maguire is also facing a hefty lawsuit, alleging the debt from one gambler's losing hand was paid off with embezzled investor funds from a Beverly Hills hedge fund.

Celebrity Justice

In a lawsuit filed against Gores in the United States Bankruptcy Court, in Los Angeles, it's claimed the private equity honcho won $445,400 from Brad Ruderman, a Ponzi mastermind who was jailed last year for 121-months after losing $25 million of investor money.

On five separate occasions, Gores won between $4,000 to $194,500 from Ruderman -- all of which was illegally transferred by Ruderman from his clients’ investment accounts, the lawsuit claimed.



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