Free Republic

The US Supreme Court agreed yesterday to consider overturning the fraud conviction Conrad Black, the former owner of The Daily Telegraph, who is serving a 6 1/2 year sentence for fraud and obstruction of justice. The court's justices will hear arguments later this year over the convictions of Black, the former chairman and chief executive of Hollinger International, and two other former executives in connection with payments of $5.5 million (£3.6m) they received from a Hollinger subsidiary. The men argued that they did not commit fraud because they did no harm to the company. They turned to the highest US...

JERUSALEM POST OWNERS RESIGN; FACE CORRUPTION CHARGES Post To Be Sold, Management Reshuffled Jerusalem Post Publisher Tom Rose, Editor Bret Stephens To Be Replaced By SETH SUTEL, AP Business Writer New York-----November 17........ Under heavy pressure from investors, Conrad Black will step down as chief executive of Hollinger International Inc., publisher of the Jerusalem Post and Chicago Sun-Times, and the company may be sold after an internal investigation found that fees had been improperly paid to Black and other senior executives. Several other executives are also leaving Hollinger as part of a management shakeup the company announced early Monday. David...

Former Chicago Sun-Times publisher David Radler, a lawyer for the newspaper's parent company and a media holding company that was controlled until recently by Conrad Black were indicted on federal fraud charges Thursday for allegedly diverting $32 million through a series of bogus deals. The indictment alleged the three diverted the money through a series of secret deals by disguising it as noncompete fees connected to the sale of newspaper publishing groups. Radler, Mark S. Kipnis, the former top in-house lawyer for Chicago-based Hollinger International, and Toronto-based Ravelston Corp., a private company owned until this spring by Black, were accused...