Ex-media mogul Black gets bail after serving 2 years in prison
CHICAGO — Imprisoned former newspaper magnate Conrad Black was granted bail by a federal appeals court, weeks after the U.S. Supreme Court kicked his 2007 fraud conviction back to a lower court.
The British baron and three other former executives from the media empire Hollinger International were convicted of swindling the company’s shareholders out of $6.1 million.
It was not immediately clear when Black would be released from a federal prison in Florida. He has served more than two years of a 61⁄ year sentence.