Kevin Bacon and Kyra Sedgwick may be a loot poorer these days. Not because of the bad economy, but because they invested in the $50 billion ponzi scheme! The super couple of Bacon and Sedgwick are some of many of the rich and famous who lost lots of money…
More pictures after the soup line…
Reps will not disclose exactly how much money Kevin and Kyra lost. Reports from the New York Daily Intel suggest it was everything but real estate and what was in their checking account.
We’d heard that along with Hollywood boldfacers Jeffrey Katzenberg and Stephen Spielberg, Bacon and his wife, Kyra Sedgwick, lost money in Madoff’s devastating $50 billion Ponzi scheme, and Bacon’s rep, Allen Eichorn, confirmed it for us. “Unfortunately, your report is true,” he wrote. He wouldn’t elaborate on whether, as we’d heard, they’d lost everything except for their checking accounts and the land they own. “I can confirm that they had investments with Mr. Madoff — no further specifics or comment beyond that,” he said, adding: “Please, let’s not speculate or rely on hearsay.”
So not only are the poor and middle class affected by greed, so are the rich and famous!
Photos: PR Photos
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