Saturday, November 26, 2005

Lord Black Will Be Arraigned on Nov. 30

Lord Conrad Black, former CEO of media holding company Hollinger International Inc., will appear in Chicago on Nov. 30 to be arraigned on fraud charges related to alleged looting of $80 million from Hollinger.  Black is not a U.S. citizen, and his home is Toronto; Hollinger operated out of both Toronto and Chicago.  Two other defendants in the case are Canadians, and there is no word yet whether they will appear with Black at the arraignment or have other arrangements to enter a plea in the case.  Black made clear what his plea will be, as an AP story (here) quotes him as stating the case is "Absolute nonsense . . . There's no truth or substance whatsoever to these charges."  Not surprisingly, this one will be a media circus. (ph)

Fraud, Prosecutions | Permalink

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