Kevin Bacon discusses losing his money to Bernie Madoff
Kevin Bacon opened up about him and his wife Kyra Sedgwick losing their money to a Bernie Madoff, who is accused of running a Ponzi scheme and stealing $50 billion from his clients.
In an interview with Life & Style magazine. Bacon said “We’ll march on. We have to. There’s nothing you can do about it. You can’t change what happened. Things could be worse. You remember that, and you go on with your life. I didn’t see it coming. I don’t have anything lined up right now, but I need to work, for obvious reasons.”
Bacon didn’t reveal exactly how much money he lost, but my guess is that he lost a huge chunk of his fortune. The other victims who invested their money with Madoff ended up losing everything they had.
Bacon has a role in the film “Frost/Nixon” and the upcoming films “Taking Chances” and “My One and Only.” His wife stars on the television show “The Closer.” Hopefully, they are making enough money from those roles to recover their financial loss.
Tim Henley
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