Bernard Madoff pleaded guilty in 2009 to orchestrating what prosecutors described as the biggest Ponzi scheme in history, using $65 billion in real and artificial assets. He admitted using money from new clients to pay off earlier investors and was sentenced  to 150 years in prison. Photograph: Lucas Jackson/Reuters

The Irish arm of HSBC bank is being sued for more than half a billion dollars arising from the Ponzi scheme run by jailed US fraudster Bernard Mado(...)