“If something is too good to be true, it’s too good to be true,” Bacon said.
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“Certainly, you get angry and stuff, but I have to say, there were a lot of people who were much worse off than we were – old people, people whose retirement funds were completely decimated. So there’s always going to be somebody that’s going to have it a lot worse than you,” Bacon added.Bacon, who is best known for his roles in classic films such as “A Few Good Men” and “Footloose,” said his family managed to recover “a portion of some money back,” though he did not provide specifics.
“There’s the money that you put into something and there’s the money that you’ve, in theory, accrued with interest over years, but that’s not real. That’s just a number that was on a piece of paper,” Bacon said.“I think people will be not happy to hear me whining about money,” he added. Bacon and Sedgwick were just two of a group of many celebrities who were snared in Madoff’s scheme. Other well-known victims included baseball legend Sandy Koufax, former Mets owner Fred Wilpon and director Steven Spielberg.Bernie Madoff died in federal prison in 2021.“It was a bad day. But pretty quickly we were able to see all the things we had as opposed to whatever we lost, and those are the biggest cliches: children, health, love, a nice home. So we got through it together.
In 2021, Madoff died in prison at age 82 while housed at a secure federal medical center in Butner, NC. He was serving a 150-year sentence in connection to his various financial crimes.
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