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Black May Lose Wealth Along With Freedom

Prosecutors trying to grab 100M in assets from former tycoon

By Evelyn Renold,  Newser User

Posted Jul 15, 2007 12:07 PM CDT

(Newser) – Convicted of fraud and obstruction of justice, media mogul Conrad Black now stands to lose his vast fortune, the Guardian reports. Although Black was cleared of the most serious charge against him--racketeering--the fraud conviction allows a raid on his assets. The prosecution is specifically targeting...   Read full story »

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