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Jury finds Conrad Black guilty
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| Contributor | Monsieur |
| Last Edited | Monsieur Jul 13, 2007 09:38pm |
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| Category | News |
| News Date | Saturday, July 14, 2007 03:00:00 AM UTC0:0 |
| Description | A US jury has found Conrad Black guilty of criminal fraud and obstruction of justice in a grim Friday the 13th verdict that could send the former media baron to jail for up to 35 years.
Black was allowed to remain free on a US$21 million (NZ$26.7m) bond pending a July 19 hearing on whether bond should be continued. His lawyers said he would appeal, and sentencing was set for November 30. Black surrendered his passport in court.
He left the courthouse without comment but his lawyer, Edward Greenspan, read a brief statement saying Black had been acquitted of the "central charges" in the case and there were "viable legal issues" on which to appeal.
Black and his three co-defendants were each convicted of three charges of mail fraud. Each fraud charge carried a potential five-year prison sentence. In addition, Black's obstruction conviction carried a possible 20-year sentence. Overall, Black was guilty in four of 13 charges against him.
Eric Sussman, the chief federal prosecutor, indicated the government would ask for at least 15 to 20 years' jail time. |
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