Wednesday, June 20, 2007

Black 'lied to cover $60m theft'

How the hell does one steal $6, 000,000? Guess you have to have money to steal it, eh?

BBC NEWS | Business | Black 'lied to cover $60m theft':

Media tycoon Conrad Black and key business associates lied in an effort to cover up the 'systematic' theft of $60m, prosecutors have alleged.

In closing arguments in the British peer's fraud trial, lawyers accused Lord Black and others of creating a fake paper trail to hide their actions.

The former boss of newspaper publisher Hollinger is accused of pocketing money owed to investors, which he denies.

The jury is expected to retire to consider its verdict in the next week.

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