1 Nov 2010

Conrad Black appeal fails

6:19 pm on 1 November 2010

Former media tycoon Conrad Black has lost an attempt to overturn his convictions for fraud and obstruction of justice.

An appeals court in Chicago on Friday upheld a conviction for fraud and another for obstruction of justice, but reversed the verdicts on two charges of fraud.

Lord Black, 66, was freed from a federal prison in Florida in July pending the appeal, after serving almost two and a half years of a six-and-a-half-year sentence.

He once controlled an international media empire that included the Daily Telegraph in Britain.

It is possible he will be resentenced on the charges of fraud and obstruction. Prosecutors will have to decide whether to retry him on the other charges.