Kevin Bacon and Kyra Sedgwick invested money with Madoff

(photo courtesy of AP)

E online is reporting that Kevin Bacon and his wife Kyra Sedgwick invested money with disgrace and criminal investor Bernard Madoff.

They are not saying how much money the couple lost, but reps for the couple have confirmed that they had investments with Madoff.

Sedgwick is reported to be the highest paid female actress on cable TV for her hit show, The Closer.