Kevin Bacon and Kyra Sedgwick honored at Sitges Film Festival

Actors Kevin Bacon and Kyra Sedgwick attended the Sitges Film Festival to receive an honorary award and present their film, ‘Family Movie’. The project, which they co-directed with their children Travis and Sosie, was conceived during the pandemic.

In a discussion regarding their personal history, Bacon revealed that the couple suffered significant financial losses due to the Bernie Madoff Ponzi scheme. While the exact amount was not publicly disclosed by the couple, reports indicated a loss of approximately $30 million. Bacon noted that they had a large portion of their money invested in Madoff and emphasized the life lesson that opportunities appearing ‘too good to be true’ often are.