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Wednesday, December 31, 2008

Actors Bacon, Sedgwick among Madoff victims

Actors Kevin Bacon (L) and Kyra Sedgwick present an award during the 19th annual GLAAD Media awards in New York March 17, 2008.


Kevin Bacon and wife Kyra Sedgwick are among the many victims of the massive Ponzi scheme run by the disgraced New York money manager Madoff.

Bacon's publicist, Allen Eichhorn, confirmed Tuesday that the couple had investments with Madoff. He wouldn't say how much money Bacon, whose most recent film is "Frost/Nixon," and "The Closer" star Sedgwick might have lost.

Madoff told federal investigators that his investment business was "a lie" that lost as much as 50 billion U.S.dollars.

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."

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