Kevin Bacon is commenting on the impact Bernie Madoff's Ponzi scheme had on him and wife Kyra Sedgwick Bacon said in a new interview that he and Sedgwick, who married in 1988, have been "more careful" ...

Actor Kevin Bacon says he isn't jaded after losing money in former financier Bernie Madoff's Ponzi scheme, but it still stings all these years later. Bacon discussed the incident during a recent ...

Madoff, 81, is serving a 150-year prison sentence in a North Carolina federal facility for orchestrating the largest Ponzi scheme in history at his firm, Bernard L. Madoff Investment Securities in New ...

Notorious Ponzi schemer Bernard Madoff has filed a petition with the Justice Department asking that President Donald Trump reduce his 150-year prison sentence. Madoff, 81, currently is serving that ...

The last disbursement, of more than $131 million, is being sent to more than 23,000 victims worldwide. When it is completed, more than $4.3 billion will have been distributed by the fund to more than ...

WASHINGTON, D.C. -- The victims of former hedge fund manager Bernie Madoff – the man convicted of perpetrating the largest Ponzi scheme in history – will receive a third disbursement of nearly $700 ...

The trustee seeking to reclaim investors’ lost assets in the Bernard Madoff case alleged in a court filing last week that the philanthropist Carl Shapiro and his family foundation reaped more than ...

Ivy Asset Management, a unit of Bank of New York Mellon, is facing a lawsuit by New York Attorney General Andrew Cuomo related to the Bernard L. Madoff Ponzi scheme. The suit alleges that e-mails and ...

Former Madoff rival says he feared for his life in investigating Ponzi scheme. Feb. 4, 2009— -- A former rival of alleged Ponzi-schemer Bernard Madoff launched a scathing attack today on the ...

Kevin Bacon previously admitted in 2022 that he and Kyra Sedgwick "had most of our money in" Bernie Madoff's investments prior to Madoff's arrest in 2008 Kevin Bacon is commenting on the impact Bernie ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...