It would be easy to imagine that the Bernie Madoff scandal is now ancient history ... In February this year, Irving Picard, ...

Intended to root out fraud, they now largely benefit well-connected former regulators and opportunistic lawyers.

A group of men ran what is thought to be Britain’s biggest ever Ponzi scheme, the High Court has ruled, in a case that saw ...

Bernie Madoff — the disgraced financier behind the biggest Ponzi scheme in U.S. history — has died in prison at the age of 82, PEOPLE confirms. Scott Taylor, a spokesman for the Federal Bureau ...

Kevin Bacon is opening up about the impact the Bernie Madoff Ponzi scheme had on him and wife Kyra Sedgwick. The longtime couple was reported to have lost 'millions' when they were among the ...

Kevin Bacon previously admitted in 2022 that he and Kyra Sedgwick "had most of our money in" Bernie Madoff's investments prior to Madoff's arrest in 2008 Paras Griffin/Getty; TIMOTHY A.

Kevin Bacon made some rare comments about losing money in Bernie Madoff’s Ponzi scheme in the 2000s. Speaking with Esquire, the actor said, "There's not that much to say, really. If it seems too ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

Kevin Bacon is looking on the bright side. The “Footloose” star said in a new interview that despite losing a fortune in Bernie Madoff’s infamous Ponzi scheme more than a decade ago ...

A federal court in Manhattan Friday issued a temporary ... Horwitz, said Thursday, "Bernie Madoff is a long-standing leader in the financial services industry. He intends to fight to get through ...

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 ...

Kevin Bacon and Kyra Sedgwick lost money in Bernie Madoff's Ponzi scheme.John Nacion/Variety via Getty Images Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme.