Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme nearly two decades ago, when the criminal operation collapsed.

Madoff, 81, is serving a 150-year prison sentence in a North Carolina federal facility for orchestrating the largest Ponzi scheme in history at his firm, Bernard L. Madoff Investment Securities in New ...

Bernard Lawrence “Bernie” Madoff orchestrated what is widely regarded as the largest Ponzi scheme in history, defrauding investors of an estimated $64.8 billion over several decades. While some ...

Bernard Madoff, the infamous architect of an epic securities swindle that burned thousands of investors, outfoxed regulators and earned him a 150-year prison term, died behind bars early Wednesday. He ...