Move follows SFO decision not to take legal action against Madoff Securities International The legal battle over the collapse of Bernard Madoff’s $50bn (£31bn) Ponzi scheme moved to London tonight when liquidators of the fraudster’s empire named all the directors of the London subsidiary in a new lawsuit. The news opens Madoff’s London operations to scrutiny once again, following the decision by the Serious Fraud Office in February not to take any action against Madoff Securities International (MSIL) or its directors due to “insufficient evidence to provide a realistic prospect of conviction”. Today’s high court complaint – which names the likes of Madoff’s brother, Peter, and sons Mark and Andrew, in addition to Sonja Kohn, who has been charged separately for other Madoff-related fraud – will attempt to recoup $80m