Black accused of 'fleecing' shareholders

A US prosecutor accused media mogul Conrad Black of systematically “fleecing” shareholders out of more than $60m (€44.7m) and creating an elaborate paper trail to cover his tracks.

A US prosecutor accused media mogul Conrad Black of systematically “fleecing” shareholders out of more than $60m (€44.7m) and creating an elaborate paper trail to cover his tracks.

Three other former Hollinger International newspaper executives were also accused.

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