Judge: Conrad Black's crimes 'old-fashioned fraud' :: CHICAGO SUN-TIMES :: Business

Judge: Conrad Black's crimes 'old-fashioned fraud' :: CHICAGO SUN-TIMES :: Business: "Attorneys for media mogul Conrad Black argued to an appeals court panel Wednesday that the conviction of the onetime newspaper baron should be overturned, given a Supreme Court ruling earlier this year.
However, an attorney for Black bristled under questioning by Appellate Judge Richard A. Posner, who at one point called one of Black’s crimes “old-fashioned fraud.”

“You get $600,000 without an agreement . . . that’s old-fashioned fraud,” Posner said.
Black was convicted in 2007 of stealing millions of dollars from publisher Hollinger International, the former owner of the Chicago Sun-Times. He was convicted of attempting to disguise some of the money as “non-compete” payments. Black was also convicted of obstruction of justice for carting documents out of an office — some of which were sought by the Securities and Exchange Commission, prosecutors said."