When we think about examples of strong, loving Hollywood couples, Kevin Bacon and Kyra Sedgwick are one pair who spring to mind.
The duo have been married for over three decades, celebrating their 35th anniversary this year (they even posted a sweet throwback photo to social media).
And despite both having lengthy careers in the entertainment industry, there was once a time when the pair were losing millions…
Life as Bacon and Sedgwick knew it came crashing down in 2009 when their involvement in the now-infamous Bernie Madoff Ponzi scheme (the largest known Ponzi scheme in history) cost them up to $30 million (according to an estimate by StyleCaster)– as Bacon himself said last year on the SmartLess podcast, it was “most of our money”.
They were just two of many celebrities and high profile figures who were scammed after investing in Madoff’s “too good to be true” financial schemes.
“There’s obvious life lessons there. You know, if something is too good to be true, it’s too good to be true,” Bacon told hosts Jason Bateman, Will Arnett, and Sean Hayes. “When something like that happens, you know, you look at each other, then you go, ‘Well, that sucks. Let’s roll up our sleeves and get to work,’ you know?”
CONTINUE READING…
Author: awestories24.com
