Convicted Newspaper Baron Conrad Black Headed For Prison

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By: The brash media mogul who vacationed in Bora Bora, rode around London in a Rolls Royce and ended up convicted of swindling shareholders out of millions of dollars will soon have a change in life-style.

Conrad Black is headed for prison, where inmates are paid 12 cents an hour for such jobs as washing windows and mopping floors.

The 63-year-old British baron is expected to be sentenced in Chicago on Monday. Federal prosecutors say he could get as much as 24 to 30 years, although a recent court filing suggests he could get a more lenient term.

Black, two other executives and a Chicago lawyer were convicted July 13th of siphoning off $6 million through a sell-off of Hollinger-owned newspapers and related deals.

They were acquitted of 9 charges.

Conrad Black is headed for prison, where inmates are paid 12 cents an hour for such jobs as washing windows and mopping floors.

The 63-year-old British baron is expected to be sentenced in Chicago on Monday. Federal prosecutors say he could get as much as 24 to 30 years, although a recent court filing suggests he could get a more lenient term.

Black, two other executives and a Chicago lawyer were convicted July 13th of siphoning off $6 million through a sell-off of Hollinger-owned newspapers and related deals.

They were acquitted of 9 charges.

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