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Swindler Black Ordered to Jail

Court rules tycoon must spend appeal process in prison

By Rob Quinn,  Newser Staff

Posted Feb 29, 2008 4:00 AM CST
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(Newser) – Former media tycoon Conrad Black, convicted of swindling millions from his newspaper empire, will be behind bars by Monday night, reports the Chicago Sun-Tribune. A Chicago court ruled that he couldn't remain free on bail while awaiting a decision on his appeal. Black has been sentenced to six-and-a-half years in prison for obstruction of justice and defrauding shareholders of Hollinger International, once the third-largest publisher of English-language newspapers in the world.

Two of Black's co-defendants who were sentenced to shorter stints will be allowed to remain free for now. The one-time press baron, forbidden by the court from returning to his native Canada, has been living in his Florida mansion since the guilty verdict in July. He has been ordered to report to a low-security Florida prison Monday. "He is a strong person. He will cope," said his attorney.

The defense team for convicted newspaper baron Conrad Black including attorneys Edward Genson, seated, and Edward Greenspan, right, leaves the federal building in Chicago Monday, Dec. 10, 2007, after the sentencing in Black's racketeering and fraud trial. Black, convicted July 13 of swindling the Hollinger International newspaper empire he once...
The defense team for convicted newspaper baron Conrad Black including attorneys Edward Genson, seated, and Edward Greenspan, right, leaves the federal building in Chicago Monday, Dec. 10, 2007, after...   (Associated Press)
Former Hollinger International executive Peter Y. Atkinson, 60, of Oakville, Ontario, arrives at the federal building in Chicago Monday, Dec. 10, 2007, for sentencing in his racketeering and fraud trial. Atkinson, who along with media baron Conrad Black and Hollinger executives John Boultbee and Mark Kipnis were convicted July 13...
Former Hollinger International executive Peter Y. Atkinson, 60, of Oakville, Ontario, arrives at the federal building in Chicago Monday, Dec. 10, 2007, for sentencing in his racketeering and fraud trial....   (Associated Press)
Former Hollinger International executive John Boultbee, 65, of Victoria, British Columbia, right, arrives at the federal building in Chicago Monday, Dec. 10, 2007, for sentencing in his racketeering and fraud trial. A court has ruled that Boultbee can stay out on bail while waiting for his appeal. (AP Photo/Paul Beaty)
Former Hollinger International executive John Boultbee, 65, of Victoria, British Columbia, right, arrives at the federal building in Chicago Monday, Dec. 10, 2007, for sentencing in his racketeering and...   (Associated Press)
Convicted newspaper mogul Conrad Black arrives at the federal building in Chicago for sentencing in his racketeering and fraud trial in this Monday, Dec. 10, 2007 file photo. Black was convicted July 13 of swindling the Hollinger International newspaper empire he once ran out of millions of dollars. (AP Photo/Paul...
Convicted newspaper mogul Conrad Black arrives at the federal building in Chicago for sentencing in his racketeering and fraud trial in this Monday, Dec. 10, 2007 file photo. Black was convicted July...   (Associated Press)
Conrad Black, who was found guilty earlier this year of obstruction of justice and other charges, leaves with his daughter Alana, rear, following his sentencing hearing at the Federal District Court in Chicago, Monday Dec 10, 2007. Black was sentenced to 6½ years in prison, the lightest punishment he faced...
Conrad Black, who was found guilty earlier this year of obstruction of justice and other charges, leaves with his daughter Alana, rear, following his sentencing hearing at the Federal District Court in...   (Associated Press)
Convicted newspaper mogul Conrad Black arrives at the federal building in Chicago for sentencing in his racketeering and fraud trial in this Monday, Dec. 10, 2007 file photo. Black was convicted July 13 of swindling the Hollinger International newspaper empire he once ran out of millions of dollars. (AP Photo/Paul...
Convicted newspaper mogul Conrad Black arrives at the federal building in Chicago for sentencing in his racketeering and fraud trial in this Monday, Dec. 10, 2007 file photo. Black was convicted July...   (Associated Press)
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No bail for Black
Reuters

Court orders Black to report to prison Monday
CBC (Canada)

The downfall of a media baron
CNN

 
media • newspaper • fraud • Chicago • Conrad Black • racketeering • Hollinger Media

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