While speaking on the latest episode of the Smartless podcast hosted by Jason Bateman, Sean Hayes, and Will Arnett, the Footloose star recounted losing the funds he invested in an arrangement orchestrated by fraudster Madoff. Madoff’s Ponzi scheme was the largest in history, with celebrity victims including John Malkovich, Steven Spielberg, and many others. Madoff died at the age of 82 last year. During the interview, Kevin revealed that he and his wife Kyra Sedgwick invested “most” of their money in the scheme before evidence of fraud was discovered.
