Monday, March 03, 2008

Conrad Black reports to prison

Former Hollinger International CEO reported to prison today to begin serving his six-and-a-half year sentence for fraud:

Black and his co-defendants were convicted of fraud last July for allegedly siphoning money out of the company.

The prominent biographer and member of the British House of Lords also has been ordered to pay $6.1 million in restitution.

He had sought to stay free on bond on grounds there was a strong possibility his conviction would be reversed, but a Chicago federal appeals court denied his request last week.


Hollinger International at one time owned The Carthage Press and the Neosho Daily News.

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