Kevin Bacon opened up about the impact Bernie Madoff's Ponzi scheme held on his family after it was unveiled in 2008 that the financier, who died in 2021 at 82, had scammed more than $64 billion away ...

Federal prosecutors are pushing for a 20-year sentence for Celsius founder Alex Mashinsky. Mashinsky admitted to misleading ...

Creditors of defunct crypto lender Celsius argued ahead of his upcoming sentencing that founder Alex Mashinsky "devastated ...

Madoff paused as he related this. His voice settled. He said to me, “I am a good person.” There aren’t many who would agree. For most of the world, Bernie Madoff is a monster; he betrayed ...

In July 2023, Mashinsky was charged and later admitted to securities and commodities fraud. He is now set to be sentenced on ...

Kevin Bacon is looking on the bright side. 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 ...

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

The Florida-based company boasted for months that it raised more than $3 billion from a sole anonymous investor. It finally ...

Kevin Bacon discussed losing money in former financier Bernie Madoff's Ponzi scheme. Bacon told Esquire that he and his wife, Kyra Sedgwick, were "certainly angry" over the ordeal. The FBI called ...

Kevin Bacon says he’s “not jaded” after losing a significant amount of money in Bernie Madoff’s 2008 Ponzi scheme. “There’s not that much to say, really. If it seems too good to be ...