Kevin Bacon Didn't Have "Six Degrees" from Madoff
Other Hollywood ponzi scheme victims include Steven Spielberg
Updated 7:17 PM EST, Tue, Dec 30, 2008
Call it six degrees of Bernard Madoff.
The actor Kevin Bacon and his wife, actress Kyra Sedgwick, are among the many victims of the massive Ponzi scheme run by the disgraced New York money manager.
Bacon's publicist, Allen Eichhorn, confirmed Tuesday that the couple had investments with Madoff. He wouldn't say how much money they 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."
The scandal took a tragic turn last week when a French broker killed himself in his Midtown office.
Copyright Associated Press
First Published: Dec 30, 2008 3:51 PM EST
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