Kevin Bacon: Being a Bernie Madoff Ponzi Sufferer ‘Sucked’

In March 2009, financier Bernie Madoff pleaded responsible to 11 felonies in a scheme that authorities on the time known as the most important Ponzi scheme on this planet. In 2025, the Division of Justice introduced that 94% of the estimated $65 billion losses from the rip-off had been repaid to victims. Considered one of these victims was Kevin Bacon.

In a latest interview with Esquire journal, Kevin Bacon mirrored on the highlights of his legendary movie profession and did not draw back from speaking concerning the darker occasions as properly.

Bacon, who stars within the new Prime Video horror sequence “The Bondsman,” and his spouse, Kyra Sedgwick, had been two of the many individuals who fell sufferer to Bernie Madoff’s notorious scheme.

Whereas Bacon has by no means given the precise determine of how a lot the couple misplaced, it’s believed that the quantity is within the tens of millions. Throughout a 2022 appearance on the Smartless podcast, he revealed, “We had most of our cash in Madoff,” including, “There’s apparent life classes there – if one thing is just too good to be true, it is too good to be true.” He additionally famous that his household was in a position to get well “a portion of some a reimbursement.”

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When Esquire requested him if the expertise made him jaded about investing, he answered: “No, not jaded. Extra cautious. However not jaded.”

“It sucked, and we had been actually indignant and all of the issues,” Bacon mentioned. “However then we wakened the following day and mentioned, ‘What can we [have]? We love one another. We love our kids. We’re wholesome. Nobody took away our capability to make a residing.’ So we acquired again to work.”

Bacon additionally humorously shared how the expertise had one stunning upshot, particularly on his health routine.

“I’m going to this gymnasium. It has a couple of machines and solely a handful of individuals there at any given time. There is not any showers, it’s totally naked bones. However there is a leg press machine. A leg press may be brutal,” he defined. “The machine is true subsequent to a window, and after I look out that window, I am wanting proper on the constructing the place Madoff was. I am in excruciating ache, doing the leg press, staring out that window. It is good, in a humorous method, as a result of I additionally should assume, I can get by way of this. And that is how we felt about Madoff.”