Kevin Bacon has recently broken his silence on one of the most challenging chapters of his financial life: his involvement in the Ponzi scheme orchestrated by Bernie ...

Bernie Madoff, the founder of a Wall Street investment firm, was arrested in December 2008 for securities fraud. His Ponzi scheme, described by the FBI as 'history's biggest,' defrauded investors of ...

Kevin Bacon previously admitted in 2022 that he and Kyra Sedgwick "had most of our money in" Bernie Madoff's investments prior to Madoff's arrest in 2008 Paras Griffin/Getty; TIMOTHY A.

Madoff was arrested in 2008 after news broke that he ran one of the largest Ponzi schemes in American history,embezzling an estimated $64.8 billion from thousands of people. Madoff pleaded guilty to ...

Kevin Bacon opened up about the financial hit he and wife Kyra Sedgwick incurred as victims of Bernie Madoff's infamous Ponzi scam. He revealed how they opted to be resilient rather than regretful ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

Kevin Bacon made some rare comments about losing money in Bernie Madoff’s Ponzi scheme in the 2000s. Speaking with Esquire, the actor said, "There's not that much to say, really. If it seems too ...

Bacon and Sedgwick's experience with the Madoff scheme has taught them the importance of being vigilant and cautious when it comes to investments. Since the scandal, the couple has adopted a more ...

Kevin Bacon is looking on the bright side. The “Footloose” star said in a new interview that despite losing a fortune in Bernie Madoff’s infamous Ponzi scheme more than a decade ago ...

Kevin Bacon and Kyra Sedgwick lost money in Bernie Madoff's Ponzi scheme.John Nacion/Variety via Getty Images Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme.

Kevin Bacon is commenting on the impact Bernie Madoff's Ponzi scheme had on him and wife Kyra Sedgwick Bacon said in a new interview that he and Sedgwick, who married in 1988, have been "more ...