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Bradley Ruderman Biography, Career, Net Worth, and Key Insight

Bradley Ruderman’s Profile Summary

Company
Ponzi Scheme
Position
Founder and Operator
Source of wealth
Management fees from Ruderman Capital Partners, misappropriated investor funds, personal investments
Also known as
High-stakes poker player, subject of media coverage related to "Molly's Game."
Age
62
Education
No verifiable information available.
Citizenship
United States
Residence
Beverly Hills, California, USA
Family
Information not publicly disclosed.
Website, Social Media
https://www.sec.gov/enforcement-litigation/litigation-releases/lr-21017

Bradley Ruderman’s biography

Bradley L. Ruderman, born on October 20, 1962, in Beverly Hills, California, is a former hedge fund manager known for orchestrating a Ponzi scheme that defrauded investors of over $25 million. In 2003, he established Ruderman Capital Partners, promising high returns to investors, many of whom were family and friends. From 2003 to 2009, Ruderman misappropriated funds for personal expenses, including luxury cars, a Malibu beach house, and high-stakes poker games with celebrities. In 2009, his fraudulent activities were exposed, leading to his arrest and subsequent guilty plea to charges of wire fraud and investment adviser fraud. In 2010, he was sentenced to 121 months in federal prison and ordered to pay restitution. His involvement in underground poker games was later depicted in the film "Molly's Game."
  • How did Bradley Ruderman make money?

    Bradley Ruderman makes money in the following areas:

    Management fees from Ruderman Capital Partners, misappropriated investor funds, personal investments

  • What is Bradley Ruderman net worth?

    As of 2025, there is no publicly available and reliable information regarding Bradley Ruderman’s net worth.

What is Bradley Ruderman also known as?

Bradley Ruderman gained notoriety for participating in clandestine high-stakes poker games with Hollywood celebrities, including Tobey Maguire and Ben Affleck. His substantial losses in these games, funded by embezzled investor money, contributed to the exposure of his Ponzi scheme. His activities were later portrayed in the film "Molly's Game," highlighting the intersection of finance and underground gambling.

Prominent achievements of Bradley Ruderman

No notable achievements or awards; primarily recognized for criminal activities and subsequent incarceration

What are Bradley Ruderman’s key insights?

Bradley Ruderman's business practices were characterized by deceit and fraudulent activities, lacking ethical principles and transparency.

Bradley Ruderman’s personal life

Detailed information about family members is not available.

Useful insights

Top 3 Financial Pyramid Schemes

Financial expert and analyst at Traders Union

As an expert at Traders Union, I can’t stress enough how critical it is to thoroughly research any financial opportunity before you invest. Taking a few extra steps in verifying the legitimacy of a platform or broker can save you from falling victim to scams.

  • Bernie Madoff

    His $65 billion Ponzi scheme ran for decades, fooling banks, pension funds, and celebrities alike. He used new deposits to pay old investors, maintaining the illusion of steady returns.

  • Allen Stanford

    Promised high yields through offshore “certificates of deposit,” but in reality, siphoned $7 billion from clients in what the SEC called a classic Ponzi structure.

  • Tom Petters

    Forged documents to attract billions in fake consumer electronics deals. Investors believed they were financing orders for retailers like Costco and Best Buy.

One clear principle emerges from these cases: If returns are steady, unusually high, and come with little transparency—be extremely cautious. Real investments always include risk and regulatory oversight.

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