Kevin Bacon is commenting on the impact Bernie Madoff's Ponzi scheme had on him and wife Kyra Sedgwick Bacon said in a new interview that he and Sedgwick, who married in 1988, have been "more careful" ...

Bernie Madoff, the former investment adviser with powerful connections who was convicted of running one of the largest Ponzi schemes in U.S. history has died in prison. He was 82. The Associated Press ...

Bernie Madoff didn't just affect investors when his historic Ponzi scheme was exposed — his family, including his wife Ruth Madoff, was severely impacted as well. According to Reuters, prosecutors ...

NEW YORK (Reuters) -Former customers of the late Ponzi schemer Bernard Madoff will recoup $498.3 million under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their ...

The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.

Add Yahoo as a preferred source to see more of our stories on Google. The DOJ announced Monday that it began distributing its tenth and final payments of forfeited funds to 40,930 victims of Madoff’s ...

Add Yahoo as a preferred source to see more of our stories on Google. Kevin Bacon is looking on the bright side. The “Footloose” star said in a new interview that despite losing a fortune in Bernie ...

When Bernard “Bernie” Madoff swept into Palm Beach homes, businesses and private clubs — some of the most exclusive rooms with some of the wealthiest people in the world — he brought with him promises ...

Bernard Madoff seemed the height of respectability in 2008, but he was secretly scamming his investors. Among them was the owner of a famous car brand.