Celebrities scammed by Madoff – Bankrate.com 08-15-14

Salient to Investors:

  • Steven Spielberg’s Wunderkinder Foundation lost an undisclosed amount – in 2006, about 70 percent of its interest and dividend income came from the Madoff firm.
  • Kevin Bacon and Kyra Sedgwick lost an undisclosed amount.
  • Elie Wiesel’s Foundation for Humanity lost substantially all of its assets, $15.2 million.
  • Sandy Koufax and other baseball greats lost undisclosed amounts.
  • Eric Roth said he suffered massive losses.
  • Larry King said he got back the money he had invested.
  • Zas Zas lost $10 million.
  • Jeffrey Katzenberg lost undisclosed millions.
  • John Malkovich said he was ruined financially by the scam.
  • Eliot Spitzer’s family real estate firm lost an undisclosed amount.

Read the full article at  http://www.bankrate.com/finance/investing/celebrities-scammed-by-madoff-1.aspx?ic_id=most_shared_default

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