Conrad Black Verdict

Former newspaper mogul Conrad Black has definitely seen better days, but for now is off to prison after being sentenced Monday to 6 1/2 years behind bars. While lengthy from Black's point of view, the sentence is considered well shy of what the prosecution was after for the fallen mogul who once could do no wrong. The prosecution of Black came about after he was suspected of then later found guilty of defrauding as much as $6 million out of shareholders in his Hollinger media empire. The prosecutors were to say the least out for blood over the swindling fiasco Black was found guilty ... Read Full Story

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Not Conrad Black. He's busy these days getting ready with his co-defendants and lawyer Eddie Greenspan for his fraud trial scheduled to open March 14 in federal district court in Chicago. No, down here in the County these days when you mention Conrad you may well thinking of another Conrad -- and a very popular, if somewhat mysterious one, at least to some local folks. That would be none other than Conrad Guziewicz. Conrad who? That's right, Conrad Guziewicz, the man, who along with Picton-based Sandbank Homes Inc., has just donated $200,000 worth of land in Wellington to Duff Sprague's new Prince Edward County ... Read Full Story

Conrad Black - Guilty verdict 4 of 13 fraud charges Mark Steyn on Black verdict : There will be recriminations a-plenty over what was just announced on the 12th floor in Chicago. Conrad Black was found NOT GUILTY on racketeering, NOT GUILTY on tax fraud, NOT GUILTY on the CanWest scheme, NOT GUILTY on Bora Bora, the Park Avenue apartment and Barbara's birthday party, NOT GUILTY on the individual non-competes on US newspaper sales.He has been found GUILTY in just two narrow areas - "obstruction of justice" re the security camera footage of him removing boxes from 10 Toronto Street, and three "mail fraud" ... Read Full Story

At the centre of the prosecution case are so-called "non-compete payments", which were demanded by Conrad Black when he sold community newspapers to new owners during his time as Hollinger's chief executive officer. The money that accompanied these promises not to set up rival publications was allegedly kept by the Conrad Black, rather than passed on to the company shareholders. Read Full Story