Full hearing cleared relating to jailed US fraudster Bernie Madoff's Ponzi scheme

The Supreme Court has cleared the way for a full hearing of a claim concerning multi-million losses related to the Ponzi scheme run by jailed US fraudster Bernie Madoff.
Full hearing cleared relating to jailed US fraudster Bernie Madoff's Ponzi scheme
US fraudster Bernie Madoff. File image

The Supreme Court has cleared the way for a full hearing of a claim concerning multi-million losses related to the Ponzi scheme run by jailed US fraudster Bernie Madoff.

Defender Ltd, a British Virgin Islands (BVI) registered investment fund, had sued HSBC Institutional Trust Services (Ireland) Ltd (HSBCITS), of Grand Canal Square, Dublin, but the case will proceed against HSBC France on foot of a consent order made last May.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited