Bernie Madoff Takes Kevin Bacon And Kyra Sedgwick For All They’re Worth

Damn. I like these two. It’s a shame they got swindled by Bernie Madoff’s $50 billion Ponzi scheme.

Bacon’s rep, Allen Eichorn, confirmed to New York Magazine, “Unfortunately, your report is true,” he wrote. He wouldn’t elaborate on whether, as we’d heard, they’d lost everything except for their checking accounts and the land they own. “I can confirm that they had investments with Mr. Madoff — no further specifics or comment beyond that,” he said, adding: “Please, let’s not speculate or rely on hearsay.”

Kevin Bacon and Kyra Sedgwick aren’t the only celebrities to have gotten swindled by Madoff. Steven Spielberg’s Wunderkinder Foundation was hit, and DreamWorks’ Jeffrey Katzenberg has lost “millions,” reports the Wall Street Journal.


Damn. I like these two. It’s a shame they got swindled by Bernie Madoff’s $50 billion Ponzi scheme. Bacon’s rep, Allen Eichorn, confirmed to New York Magazine,
“Unfortunately, your report is true,” he wrote. He wouldn’t elaborate
on whether, as we’d heard, they’d lost everything except for their
checking accounts and the land they own. “I can confirm that they had
investments with Mr. Madoff — no further specifics or comment beyond
that,” he said, adding: “Please, let’s not speculate or rely on
hearsay.”Kevin Bacon and Kyra Sedgwick aren’t the only celebrities to have gotten swindled by Madoff. Steven Spielberg’s Wunderkinder Foundation was hit, and DreamWorks’ Jeffrey Katzenberg has lost “millions,” reports the Wall Street Journal.