Saturday, November 19, 2005

Former Hollinger CEO indicted


Lord Conrad Black, former CEO of Hollinger International, was indicted in Chicago Thursday on mail fraud and wire fraud charges, according to an article in the New York Times. A warrant has been issued for his arrest.
Black is charged with stealing more than $50 million from his company, the article said.
Hollinger International is the parent company of American Publishing, which at one time owned The Carthage Press and the Neosho Daily News. Those two newspapers were among approximately 300 that spun off from American to become Liberty Group Publishing in 1998.

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