Kevin Bacon and Kyra Sedgwick lost money to Bernard Madoff
Actor Kevin Bacon and his actress wife Kyra Sedgwick are among the numerous victims who fell prey to investor Bernard Madoff. Bacon’s publicist confirmed that the couple made investments with Madoff, but declined to say how much money they lost.
Madoff is accused of taking his client’s money and running a Ponzi scheme, and he lost $50 billion of his client’s money.
Other victims include Eric Roth, the screenwriter of Forrest Gump and The Curious Case of Benjamin Button.”
Not to mention a French investment manager who lost $2 billion with Madoff decided to commit suicide earlier this month because of the loss. I guess if I lost $2 billion, I might consider killing myself too.
Tim Henley
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