CHICAGO - Former media tycoon Conrad Black and three other executives were charged in a federal fraud indictment Thursday involving the $2.1 billion sale of several hundred Canadian newspapers and the abuse of corporate perquisites at newspaper publishing company Hollinger International Inc.
Black, 61, Hollinger International's ousted chairman, was accused in the 11-count indictment of cheating the company's U.S. and Canadian shareholders as well as Canadian taxing authorities.
Arrest warrants were issued for Black, Boultbee and Atkinson, U.S. Attorney Patrick J. Fitzgerald's office said. Prosecutors said they would allow the defendants to appear voluntarily in U.S. District Court in Chicago.
Thursday, November 17, 2005
by Atrios at 15:27