Kevin Bacon Says He and Kyra Sedgwick Lost “Most of Our Money” to Bernie Madoff

Kevin Bacon revealed how he and wife Kyra Sedgwick bounced back after almost being financially ruined after their involvement with Bernie Madoff. The actor was a guest on Monday’s episode of the Smartless podcast, hosted by Jason Bateman, Will Arnett, and Sean Hayes, during which he confessed that at one point they “had most of our money in [Bernie] Madoff.” Madoff is considered to be the perpetrator of the largest Ponzi scheme in history, taking around $64.8 billion of his victims’ money. Bacon revealed that he and Sedgwick got a “portion” of their losses returned to them following Madoff’s trial,… Read Full Article