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(...)

Disgraced financier Bernard Madoff (right) is escorted by a US Marshall as he departs US Federal Court after a hearing in New York in January, 2009. Photograph: Lucas Jackson/Files

An action on behalf of some of the many investors affected by the Ponzi scheme run by jailed US fraudster Bernard Madoff has settled at the Commercia(...)