Kevin Bacon and Kyra Sedgwick Duped by Madoff Scheme

Kyra Sedgwick and Kevin Bacon have been identified as victims of Bernie Madoff's $50 billion Ponzi scheme that left investors in financial ruin. Kevin Bacon's rep, Allen Eichorn, told New York Magazine that "I can confirm that they had ... continue

Wall Street trader Bernard Madoff arrested over Ponzi Scheme

Well known Wall Street trader and former chairman on the NASDAQ exchange Bernard Madoff has been arrested and charged with allegedly running a multi-billion dollar Ponzi scheme. US Federal prosecutors accuse Madoff of telling senior employees of his ... continue