Former media mogul Conrad Black found guilty

By
July 13, 2007 18:36

Fallen media tycoon Conrad Black was convicted Friday of mail fraud, one of 13 counts he faced for allegedly swindling shareholders out of millions of dollars. A federal court jury of nine men and three women delivered their verdict after deliberating 11 days following 14 weeks of testimony at the racketeering and fraud trial of the former head of the Hollinger International Inc. newspaper empire. Verdicts on the other charges against Black and three co-defendants - former Hollinger International vice presidents John Boultbee, 64, of Vancouver and Peter Y. Atkinson, 60, of Toronto and attorney Mark Kipnis, 59, of Chicago - were still being read aloud in court Friday.


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