Kevin Bacon and wife Kyra Sedgwick are the latest Hollywood celebs embroiled in former Wall Street financier Bernard Madoff's $50 billion Ponzi scheme.
On Tuesday, a rep for the Footloose
star and his Golden Globe-winning wife confirmed to New York Magazine
that the couple lost money with Madoff, although declining to offer a dollar figure."Unfortunately your report is true. I can confirm that they had investments with Mr. Madoff."