Conrad Black convicted of fraud and obstruction of justice


	Conrad Black convicted of fraud and obstruction of justice

gingembre

7-14-2007 11:52 AM

522 views

tags:

fraud, embezzlement, conrad black, legal issues, crime and punishment, business, money

gingembre says:

The disgraced Lord Black is, as Socratoad has so aptly stated, one "nasty bastard". He's lucky that he wasn't convicted on all counts, but white collar crime apparently is still easier to get away with than other types of crime.

2 Comments |

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7-15-2007 7:19 AM

debbyski

White collar crime Gingembre? What is that? Muhahahahahahahahaha!

7-15-2007 10:44 AM

cptenaud

Will Bush pardon this guy too?

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/559cc596-91ff-493d-9ff6-b1804ba246f9/7F9E0EB6-809F-413A-A04A-84BD6EA50CCA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront" href="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront" style="font-size: 11px;">business.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront"><FONT size="3" face="arial,helvetica,sans-serif"><B>·</B> Conrad Black facing up to 20 years in prison <BR /> <B>·</B> Peer convicted of fraud and obstruction of justice <BR /> <B>·</B> Former Telegraph boss embezzled $6m from firm</FONT></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">Disgraced media mogul Conrad Black faces a lengthy stretch in a US jail after a court convicted him of looting millions of pounds from his Hollinger empire by embezzling funds from shareholders.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">After more than 70 hours of deliberation, a Chicago jury delivered verdicts of guilty on three charges of fraud and one charge of obstructing justice - although the former Telegraph owner was cleared of a further nine charges, including tax evasion and racketeering</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">
Prosecutors are pressing for 15 to 20 years, although lawyers suggested it would more likely be closer to five years. Defence lawyers said Black would appeal against the convictions</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">The US government petitioned for Black to go straight to prison, describing him as a "flight risk" who could flee to Canada or Britain</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">a final fall from grace for the press baron</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.guardian.co.uk/conradblacktrial/story/0,,2126307,00.html?gusrc=rss&feed=networkfront">Sentencing was set for November 30</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7F9E0EB6-809F-413A-A04A-84BD6EA50CCA/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>