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Home » News » ‘We Got Back to Work’: Kevin Bacon Opens Up About Losing ‘Millions’ in Bernie Madoff’s Ponzi Scheme
Entrepreneur

‘We Got Back to Work’: Kevin Bacon Opens Up About Losing ‘Millions’ in Bernie Madoff’s Ponzi Scheme

Laura BennettBy Laura Bennett Entrepreneur
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 March 2009, financier Bernie Madoff pleaded guilty to 11 felonies in a scheme that authorities at the time called the biggest Ponzi scheme in the world. In 2025, the Department of Justice announced that 94% of the estimated $65 billion losses from the scam were repaid to victims. One of these victims was Kevin Bacon.

In a recent interview with Esquire magazine, Kevin Bacon reflected on the highlights of his legendary film career and didn’t shy away from talking about the darker times as well.

Bacon, who stars in the new Prime Video horror series “The Bondsman,” and his wife, Kyra Sedgwick, were two of the many people who fell victim to Bernie Madoff’s infamous scheme.

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