In case you haven’t heard, Bernie Madoff has ripped off a lot of people with a Ponzi scheme. It is estimated that approximately $50 billion dollars were lost by investors – making this the biggest investor fraud in history. It seems that even Hollywood celebrities were hit hard by Madoff. Kevin Bacon and wife Kyra Sedgwick confirmed through their rep Allen Eichom that they too had investments with Madoff. Rumors were that the couple lost everything except what money was in their checking accounts and the land they own, but Eichom called that hearsay. However, Bacon was quoted in Life … Continue reading →