Lord Conrad Black Granted Bail
Lord Conrad Black has been serving his sentence for honest services fraud since March, 2008. The 7th Circuit just granted his release on bail.
Black’s request for bail followed a U.S. Supreme Court decision in June that narrowed the scope of a federal statute used at his trial, returning the Hollinger executive’s case to the appeals court. Black and three associates had been found guilty in the theft of $6.1 million from Hollinger International -- once the world’s third-largest publisher of English-language newspapers -- as they engineered its sale of assets.
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