Kyra Sedgwick

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Kyra Sedgwick News

Kyra Sedgwick on Losing Money to Ponzi Scheme: It's Painful

June 10, 2009

Many celebrities were affected by the “Ponzi Scheme,” a fraudulent investment operation recently used by financier Bernie Madoff to screw people out of thousands, and for some millions, of dollars.

Kyra Sedgwick and Kevin Bacon were just one Hollywood couple who fell victim to the scam. The two have managed throughout their careers and marriage together to stay out of the tabloids for the most part.

In fact, Kyra recently told the Boston Globe, "I think the interesting thing...