When Bernie Madoff was arrested for defrauding people out of millions of dollars in 2008, many were shocked to learn that beloved actors Kevin Bacon and Kyra Sedgwick were among his victims.

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 Madoff in the 2000s.

Speaking with Esquire, the actor said, "There's not that much to say, really. If it seems too good to be true, then it's too good to be true." He added that he and his wife, actor Kyra Sedgwick, ...

Actor Kevin Bacon opened up about how he leaned on his family after losing their fortune in Bernie Madoff's Ponzi scheme.

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme nearly two decades ago, when the criminal operation collapsed.

Madoff, who died in 2021 at 82, was sentenced to 150 years in prison in June 2009 for orchestrating what is known as the largest Ponzi scheme in U.S. history Kevin Bacon is opening up about how he and ...