Get the latest gossip

Kevin Bacon says it 'sucked' to lose money in Bernie Madoff's Ponzi scheme

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme nearly two decades ago, when the criminal operation collapsed.

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 interview with Esquire, nearly two decades after Madoff's criminal operation crumbled. Madoff, founder of an eponymous Wall Street firm, received a 150-year prison sentence in 2009 for leading "history's largest Ponzi scheme," according to the FBI.

Get the Android app