Black verdict closes chapter in fraud crackdown
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Fallen newspaper tycoon Conrad Black's conviction on Friday on fraud and obstruction of justice charges was the latest chapter in a five-year-old U.S. crackdown on corporate wrongdoing that started off strong but has suffered some embarrassing setbacks.
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A U.S. jury on Friday found former  media mogul Conrad Black guilty of multiple counts of criminal  fraud and a single count of obstruction of justice but  acquitted him of racketeering and tax charges.
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CHICAGO -- Former media mogul Conrad Black was convicted yesterday of swindling the far-flung Hollinger International newspaper empire he once ran out of millions of dollars, becoming the latest in a wave of disgraced corporate executives to face possible prison time for financial fraud.
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U.S. regulators filed fraud charges  on Monday against former Hollinger International Inc. HLR.N  Chairman Conrad Black and his deputy, David Radler, moving to  bar the two from serving as officers of a public company.
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Ex- Hollinger International Inc. chairman Conrad Black's 15-week trial wound down with prosecutors telling jurors there's enough evidence to convict him of fraud and racketeering even if they don't believe the star witness.
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Former Hollinger CEO Conrad Black was convicted on three counts of mail fraud plus obstructing justice.
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Conrad Black and his associates  systematically stole $60 million from the publishing empire  they once ran and then tried to hide what they did, prosecutors  told jurors in final arguments at the former media baron&#39;s  criminal fraud trial on Monday.
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Press tycoon Conrad M. Black and other top Hollinger International Inc. officials pocketed more than $400 million in company money over seven years and Black's handpicked board of directors passively approved many of the transactions, a company investigation concluded.
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Prosecutors wrapped up their case in Conrad Black's criminal fraud trial on Wednesday after 11 weeks of testimony designed to convince jurors the one-time high-flying media mogul and his associates are thieves.
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The lone undercover agent in a sting that sent dozens of black people to prison on bogus drug charges was convicted Friday of one of two perjury counts.
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The Medicaid fraud prosecution of former Gov. Don Siegelman and a top aide ended Tuesday when a judge threw out the conspiracy charge at the heart of the case and prosecutors dropped a remaining count.
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Lawyers defending Conrad Black and three former associates wrapped up their case on Tuesday after less than two weeks of testimony designed to show that the one-time media baron and his co-defendants did not commit a $60 million corporate theft.
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A U.S. jury on Friday found former media mogul Conrad Black guilty of multiple counts of criminal fraud and a single count of obstruction of justice but acquitted him of a racketeering charge.
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A U.S. jury on Friday found Conrad  Black guilty of criminal fraud and obstruction of justice in a  grim Friday the 13th verdict that could send the former media  baron to jail for up to 35 years.
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Media tycoon Conrad Black, known for his lavish parties and flamboyant personality, was found guilty Friday of fraud and obstruction of justice after being accused of raiding his company&#39;s coffers.
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Conrad Black got what he deserved for embezzling shareholders&#39; money through greed and arrogance, the country&#39;s newspapers said Saturday as they raked over the fallen media tycoon&#39;s conviction for fraud and obstruction of justice.
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Jurors deliberating fraud and racketeering charges against former media mogul Conrad Black and three associates adjourned on Wednesday without announcing a verdict, saying only they will return on Thursday.