Addict (drugaddict) wrote,
Addict
drugaddict

baron Conrad Black is in federal prison

11:16 AM CST, March 3, 2008

COLEMAN, Fla.

Former newspaper baron Conrad Black is in federal prison.

Federal Bureau of Prisons spokesman Mike Truman says Black reported Monday to a low-security prison near
Coleman, Florida.

He's serving a six-and-a-half-year sentence for engineering a major fraud on shareholders in his
Hollinger media empire.

Black and his co-defendants were convicted of fraud last July for allegedly siphoning money out of the company.

The prominent biographer and member of the British House of Lords also has been ordered to pay $6.1 million in restitution.

He had sought to stay free on bond on grounds there was a strong possibility his conviction would be reversed, but a Chicago federal appeals court denied his request last week.

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