This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.

You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/business/7275912.stm

The article has changed 2 times. There is an RSS feed of changes available.

Version 0 Version 1
Black starts jail sentence in US Black starts jail sentence in US
(about 2 hours later)
Former media tycoon Conrad Black has started his six-and-a-half year jail sentence at a Florida prison. Former media tycoon Conrad Black has started his six-and-a-half-year jail sentence at a Florida prison.
The former owner of the Daily Telegraph was convicted of three counts of fraud and one of obstructing justice.The former owner of the Daily Telegraph was convicted of three counts of fraud and one of obstructing justice.
The fraud involved millions of dollars that was siphoned-off from his media firm Hollinger International.The fraud involved millions of dollars that was siphoned-off from his media firm Hollinger International.
The UK peer will serve his sentence at a low-security prison 50 miles north west of Orlando in central Florida. He will also have to pay back $6.1m (£3m).The UK peer will serve his sentence at a low-security prison 50 miles north west of Orlando in central Florida. He will also have to pay back $6.1m (£3m).
Appeal processAppeal process
Jurors at the original trial were shown video evidence of him removing boxes of evidence from his Toronto office, in violation of a judge's order.Jurors at the original trial were shown video evidence of him removing boxes of evidence from his Toronto office, in violation of a judge's order.
Together with his business associates, Black was convicted of stealing millions of dollars from shareholders of Hollinger International, of which he was chairman.Together with his business associates, Black was convicted of stealing millions of dollars from shareholders of Hollinger International, of which he was chairman.
They were found to have paid themselves tax-free bonuses from the sale of newspaper assets without the approval of the company's board.They were found to have paid themselves tax-free bonuses from the sale of newspaper assets without the approval of the company's board.
Two of Black's co-defendants, Peter Y Atkinson and John Boultbee, were allowed to remain free while appealing against their sentences.Two of Black's co-defendants, Peter Y Atkinson and John Boultbee, were allowed to remain free while appealing against their sentences.
A judge at the federal appeals court said Black and the two former executives had raised a "substantial" question on two of the three counts of fraud.A judge at the federal appeals court said Black and the two former executives had raised a "substantial" question on two of the three counts of fraud.
But there was less chance any appeals court would overturn Black's conviction of obstruction of justice, the judge said.But there was less chance any appeals court would overturn Black's conviction of obstruction of justice, the judge said.