Conrad Black begins prison term
The Associated Press reports that Conrad Black turned himself into a prison in central Florida on Monday to begin his six-and-a-half year sentence for swindling shareholders in his media empire.
Black and two co-defendants, John A. Boultbee and Peter Y. Atkinson, were convicted in Chicago in July of siphoning millions of dollars out of Hollinger International, which grouped many of Black’s holdings.
Each was convicted on three counts of fraud. Black also was convicted on obstruction of justice and ordered to pay $6.1 million in restitution.
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Black and two co-defendants, John A. Boultbee and Peter Y. Atkinson, were convicted in Chicago in July of siphoning millions of dollars out of Hollinger International, which grouped many of Black’s holdings.
Each was convicted on three counts of fraud. Black also was convicted on obstruction of justice and ordered to pay $6.1 million in restitution.
For the full story click here.

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