Former newspaper mogul and Jerusalem Post owner Conrad Black, already accused of fraud, was indicted by federal prosecutors Thursday on additional charges including racketeering and obstruction of justice. He now faces a maximum prison sentence of 95 years if convicted.
The new charges came two weeks after Black pleaded not guilty to charges related to the alleged looting of more than $80 million from Hollinger International Inc., the newspaper empire he once controlled.
The charges were brought in an indictment returned by a federal grand jury in Chicago and announced by US Attorney Patrick Fitzgerald's office.
Black's former chief financial adviser, John Boultbee, also faces one new count of wire fraud in addition to the eight fraud counts he was charged with last month. Charges brought against co-defendants Peter Atkinson, Mark Kipnis and the Ravelston Corp. Ltd., the Canadian company that Black used to gain control of Hollinger International, remained unchanged.