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Kevin Bacon Makes Rare Comment About Bernie Madoff Ponzi Scheme

Kevin Bacon says he’s “not jaded” after losing a significant amount of money in Bernie Madoff’s 2008 Ponzi scheme. “There’s not that much to say, really. If it seems too good to be true, then it’s too good to be true,” Bacon, 66, told Esquire in a profile published on Friday, April 4, noting that … Read more

Madoff victim fund covers most of Ponzi scheme losses: DOJ

Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City. Madoff attended a hearing regarding the conflicting status of his legal representation in his multi-billion dollar fraud allegations. Chris Hondros | Getty Images The 10th and final distribution from a fund for victims of the late Ponzi scheme king Bernie Madoff … Read more

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