July 24, Chicago, Il:
Competing portraits of Conrad Black — once one of the world’s most powerful media moguls — will be on display Friday in Chicago at his resentencing hearing, where a judge will decide whether he heads back behind bars or remains free for good.
The resentencing is a climax of a long legal saga for Black, 66, who rubbed shoulders with the rich and powerful before his fall to disgrace, convicted in 2007 and sentenced to 6 ½ years for defrauding investors in Hollinger International Inc., former owner of the Chicago Sun-Times.
Black, whose empire also once included The Daily Telegraph of London and small papers across the U.S. and Canada, was freed on bail after serving two years to let him to pursue what would be partially successful appeals.
The 7th U.S. Circuit Court of Appeals in Chicago last year tossed out two of Black’s fraud convictions but upheld a conviction for fraud and one for obstruction of justice. And it said Judge St. Eve would have to sentence Black again for those two standing counts.
Even with a partial victory in the 7th Circuit,and more than two years spent in prison, the judge can still send him back to prison on the remaining counts.