money

Kyra and Kevin Lose Their Bacon

by Celebuzz on Dec. 30, 2008 06:00 PM / Leave a Comment
Kyra and Kevin Lose Their Bacon
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It's a little less than six degrees of separation for Kevin Bacon and his investment cash—he and wife Kyra Sedgwick have been named the latest victim of scandalous money man Bernard Madoff.

The Huffington Post confirms with 50-year-old Bacon's publicist Allen Eichhorn that the couple indeed invested with the disgraced Madoff, jailed on December 11 for fronting a Ponzi scheme that bilked the likes of director Stephen Spielberg and producer Jeffrey Katzenberg.

Bacon's rep would not elaborate on precisely how much money the couple has lost, yet Madoff's entire scheme is said to have cost participants around $50 billion.

Sedgwick, 43, is nominated for a Golden Globe for her work in TNT's The Closer, and will hit the carpet with her husband when the ceremony airs live from Los Angeles on January 11, 2009.

The couple are said to have been cleaned out of everything other than their checking accounts and property.

Next Story / VIDEO: Cam Gigandet Skirts the Issue

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