The Associated Press reports that the actor's lawyer has denied that Maguire is guilty of any wrongdoing concerning Texas Hold 'Em poker matches involving Maguire and other celebrities including director Nick Cassavetes ('The Notebook') and actor Gabe Kaplan ("Welcome Back Kotter").
Maguire and 21 others were slapped with a lawsuit stating that the money won from convicted con man Bradley Ruderman during the games, which were held at upscale Beverly Hills hotels and private residences, were owed to victims of a Ponzi scheme constructed by Ruderman. Meanwhile, Maguire's lawyer argued that even though the actor won more that $300,000 from Ruderman, he also lost $168,500 in the alleged underground matches.
According to the AP, Maguire claimed that the poker games weren't "controlled" in the sense that someone was assigned to make sure winnings were issued, but his attorney argued that if the court called for Maguire to forfeit his earnings that the $168,500 he lost should be factored into the amount owed.
Earlier this year, Ruderman pleaded guilty to two counts of investment adviser fraud, two counts of wire fraud and willful failure to file taxes, resulting in a 10-year sentence in federal prison, according to the AP.