Conrad Black Draws 6½-Year Sentence

Disgraced tycoon must forfeit $6.1M, pay $125K fine
Posted Dec 10, 2007 1:27 PM CST
Conrad Black Draws 6½-Year Sentence
Convicted media mogul Conrad Black walks through the lobby of the federal building in Chicago in this Aug. 1, 2007 file photo. Black was convicted July 13, 2007, convicted of swindling Hollinger International Inc. shareholders out of millions of dollars. He is scheduled to be sentenced on Dec. 10,...   (Associated Press)

Onetime newspaper magnate Conrad Black was sentenced today in Chicago to 78 months in prison for fraud and impeding an investigation. He was also ordered to forfeit $6.1 million and fined $125,000. Prosecutors had pressed for a harsher sentence, but the judge decided to use more lenient sentencing guidelines from 2000, the Globe and Mail reports.

"You have committed a serious offense, a very serious offense,” the judge told Black. Black's lawyers had insisted that the media mogul played only a minor role in the fraud case, and produced as evidence letters from celebrities vouching for his character, including one from Elton John. Prosecutors said Black was a liar who showed no remorse for his actions. “Simply put, he's not sorry,” said one. (More Conrad Black stories.)

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