Bernard L. Madoff is in therapy ... knowing he’d spend the rest of his life in jail. Ruth was torn by Madoff’s confession, her emotions complicated by 50 years of marriage.

But what is a Ponzi scheme? And why does it bear this name? First, you need to know a little bit about its namesake, Charles Ponzi. Anyone can work a simple swindle, but you have ...

The longtime couple was reported to have lost 'millions' when they were among the investment victims caught in the Bernard L. Madoff Investment Securities scandal said to be estimated at around $ ...

Bernard Madoff went down in history as the mastermind behind the largest Ponzi scheme ever uncovered, defrauding investors of more than $65 billion. But what exactly did he do, and why did his ...

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.

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 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. Bacon ...

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 ...