Kevin Bacon talks about losing money in the Ponzi scheme
June 1st, 2011 - 11:49 pm ICT by Aishwarya BhattNew York, June 1 (THAINDIAN NEWS) Kevin Bacon was one of the stars who lost quite a fortune to the Ponzi scheme of Bernie Madoff but he has recovered from that setback very well. The 52-year-old and his wife Kyra Sedgwick were among the victims of the biggest financial scam in the history of the United States.
Madoff is currently serving a 150-year jail term for duping people out of a fortune of nearly $50 billion. It is not known precisely how much Bacon and his wife lost in the scheme but he recently told Howard Stern on Sirius XM that it was “a lot of money.”
He said that, “It’s fine. So you have a moment where you go, ‘Holy (expletive), that was many, many years of work just went away in a poof of smoke… We’re looking at each other, we got a nice apartment, our kids are healthy.”
In the latest movie “X-Men: First Class,” Bacon played the role of Sebastian Shaw. The movie was set in the era of the Cuban Missile Crisis. Bacon is currently promoting the release of the movie which is on the 3rd of June. The trailer of the movie has since been released.
- Kevin Bacon is promoting his new movie 'X-Men: First Class' - Jun 03, 2011
- De Niro to play Bernie Madoff in TV biopic - May 17, 2011
- Robert de Niro to star as Bernie Madoff in a new movie - Nov 08, 2011
- John Malkovich Involved In Madoff Legal Drama - Apr 06, 2010
- Bernie Madoff: 'I feel safer in prison' - Oct 27, 2011
- Bernie Madoff Might Be Barred From Attending Son's Funeral - Dec 13, 2010
- Ponzie King Madoff's possessions auctioned in New York - Nov 14, 2010
- Auction of Bernie Madoff's items raises $2 million - Nov 15, 2010
- Bernie Madoff Will Have Private Service for Son - Dec 15, 2010
- Kevin Bacon, Kyra Sedgwick also Madoff investment fraud victims - Dec 31, 2008
- Howard Stern sues Sirius XM - Mar 23, 2011
- Bernie Madoff Accomplice Sonja Kohn Outed - Dec 11, 2010
- Sedgwick terms Madoff scandal as hideous - Aug 11, 2009
- Bernard Madoff's Beneficiary Jeffry M. Picower's Estate To Return $7.2 Billion - Dec 18, 2010
- Bernie Madoff's Boxers Anyone? - Nov 12, 2010
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