Friday, July 13, 2007

Lord Black Found Guilty on Three Counts of Mail Fraud and One Count of Obstruction, Acquitted on Other Counts

CBC is reporting that Lord Conrad Black has been convicted of three counts of mail fraud and one count of obstruction of justice, and not guilty on other counts of mail/wire fraud, RICO, and tax fraud.  He was not convicted on the largest transaction, the Can-West non-compete, and found guilty on a charge related to another non-compete.  The other three defendants, Peter Atkinson, Jack Boultbee, and Mark Kipnis, were also found guilty on some fraud counts and acquitted of others. Further updates on the verdict later. (ph)

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