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Bacon, Sedgwick Among Madoff's Victims, Publicist Says
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Published: December 30, 2008
NEW YORK - Call it six degrees of Bernard Madoff.
Kevin Bacon and his wife, Kyra Sedgwick, are said to be among many victims of what authorities are calling a massive Ponzi scheme run by disgraced money manager Madoff.
Bacon's publicist, Allen Eichhorn, confirmed today that the couple had investments with Madoff. He wouldn't say how much money Bacon, whose most recent film is "Frost/Nixon," and "The Closer" star Sedgwick might have lost.
Madoff told federal investigators that his investment business was "a lie" that lost as much as $50 billion.
Other Hollywood victims have included a charity linked to director Steven Spielberg and his DreamWorks partner Jeffrey Katzenberg and screenwriter Eric Roth, whose credits include "Forrest Gump" and "The Curious Case of Benjamin Button."
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