US prosecutors add tax evasion charges to case against ex-Hollinger CEO Joshua Pantesco at 10:25 AM ET
[JURIST] US federal prosecutors on Thursday charged former Hollinger CEO Conrad Black [CBC profile; JURIST news archive] with additional counts of tax evasion in connection with the $2.1 billion sale of several hundred Canadian newspapers and alleged abuse of corporate perquisites at Hollinger. After going before a grand jury, prosecutors filed a second superseding indictment in the criminal case to replace the initial indictment [PDF text]. According to Black's lawyer, in addition to adding tax evasion charges, prosecutors also made minor changes to several other charges. In December Black pleaded not guilty [JURIST report] to criminal charges [JURIST report] of fraud and racketeering, as well as obstruction of justice for destroying documents. His trial is scheduled to begin next March.
Earlier in August, US District Judge Amy St. Eve of the Northern District of Illinois increased Black's bail from $20 to $21 million [BBC report] at the urging of prosecutors who maintain that Black has underreported his financial situation to the government. Canadian Press has more.
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