As the odds of a downturn climb, one expert warns that it may result in the uncovering of so-far undetected fraud schemes.

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

Kevin Bacon opened up about the impact Bernie Madoff's Ponzi scheme held on his family after it was unveiled in 2008 that the ...

Madoff was arrested in 2008 after news broke that he ran one of the largest Ponzi schemes in American history,embezzling an estimated $64.8 billion from thousands of people. Madoff pleaded guilty to ...

Kevin Bacon has recently broken his silence on one of the most challenging chapters of his financial life: his involvement in the Ponzi scheme orchestrated by Bernie ...

Kevin Bacon is opening up about the impact the Bernie Madoff Ponzi scheme had on him and wife Kyra Sedgwick. The longtime couple was reported to have lost 'millions' when they were among the ...

The Madoff Affair unravels the story behind the world's first truly global Ponzi scheme. Who saw the warning signs? Why were they ignored for so long? Billions of dollars were channeled to Madoff ...

The “Footloose” star said in a new interview that despite losing a fortune in Bernie Madoff’s infamous Ponzi scheme more than a decade ago, he now focuses on the blessings he still has in ...

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 ...

Kevin Bacon and Kyra Sedgwick lost money in Bernie Madoff's Ponzi scheme.John Nacion/Variety via Getty Images Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme.