Media Tycoon Pleads Not Guilty to Fraud
From Reuters
Toppled media tycoon Conrad Black pleaded not guilty to U.S. charges that he defrauded shareholders of newspaper publisher Hollinger International Inc. by siphoning $84 million in fees from asset sales and by misusing company perks.
U.S. District Judge Amy St. Eve accepted the 61-year-old Black’s not-guilty plea in Chicago to eight fraud charges.
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