Investigators Tell Story of Ex-CEO&#39;s Looting of Hollinger Millions
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Sep-1-2004 - Conrad Black, the former CEO of Hollinger International, boldly and methodically abused his power to pocket millions of dollars that should have gone to the company, an internal investigation revealed.
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CHICAGO, June 18 -- A prosecutor accused media mogul Conrad Black and three other former Hollinger International newspaper executives Monday of systematically stealing $60 million from the company and creating an elaborate paper trail to hide the theft from shareholders.
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Federal prosecutors are investigating whether the wife of EnronÂs former chairman, Kenneth Lay, engaged in insider trading just before the company collapsed, people involved in the case said.
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DAVID Radler, former chief operating officer of Hollinger International and right-hand man to Lord Black, has savaged the special report that claimed they had &#39;looted&#39; the publishing company of more than $400m (Â£223m.
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A new report alleges a handful of top executives at Hollinger International -- which owns the Chicago Sun-Times -- took $400 million of the company&#39;s money.
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Business & money: Criminal investigation into possible fraud and insider trading involves some of world's largest banks
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Fallen press baron Conrad Black will sue Hollinger International Inc.'s special committee and others for C&#36;1.1 billion (&#36;870 million) over a report that accused him of looting the company of millions of dollars.
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Conrad Black, the former CEO of Hollinger International Inc., looted the newspaper publisher of hundreds of millions of dollars to indulge his appetite for
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SAN FRANCISCO (CBS.MW) -- Former Enron chairman and CEO Kenneth Lay, facing federal charges in the company&#39;s spectacular collapse, lashed out Wednesday against the man leading an investigation of his wife Linda for possible insider trading.
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The former chairman of Hollinger International has been on trial for three months on charges relating to obstruction of justice and tax fraud.
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Between 1997 and 2003, Conrad Black and his associates personally received in cash up to 92.5 percent of Hollinger&#39;s entire adjusted net income -- much of it to keep the various Black households
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Special prosecutors are investigating accusations that the companyâs chairman, Lee Kun Hee, had amassed slush funds to bribe politicians, prosecutors and government officials.
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Conrad Black, the former CEO of  Hollinger International Inc., looted the newspaper publisher of  hundreds of millions of dollars to indulge his appetite for  private jets and club memberships, according to a report filed  on Tuesday.
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When an exploration team member discovered an anomaly on the ocean floor that turned out to be a $500 million shipwreck, he found a way to get his own share of the booty -- insider trading, according to the U.S. regulators who nabbed him.
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Hollinger International Inc., publisher of the Chicago Sun-Times, said a committee of its board investigating allegations of wrongdoing against former Chief Executive Conrad Black filed a report with a court in Chicago.
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CHICAGO -- A federal jury convicted fallen media tycoon Conrad Black and three of his former executives at Hollinger International Inc. Friday of illegally pocketing money that should have gone to stockholders.
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CENTRAL ISLIP, N.Y. - The former CEO of the nation's leading supplier of body armor to the US military was indicted yesterday on charges of insider trading, fraud, and tax evasion in a scheme that netted him more than $185 million, prosecutors said.