Fallen media baron Conrad Black and three other former Hollinger International officers were hit with fraud charges in the US. The group was indicted in an alleged scheme to swindle millions of dollars from the company. US prosecutor Patrick Fitzgerald outlined the charges at a November 17th news conference in Chicago. (Black faced eight charges in an 11-count indictment. The group was accused of cheating the company's US and Canadian shareholders as well as Canadian taxation authorities.)

Date: 2005-11-17
Placeline: CHICAGO, Illinois.
Source: The Canadian Press
Length: 19 seconds

Transcript Prediction: << what has happened here is been a gross abused by officers and directors and insiders it decided to line their pockets and by Lionel pockets they want about a course of conduct with a either never told the audit committee on the board of directors were through them to shareholders what was going on and how they were self-dealing and taking money for the shareholders for themselves >>

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