Wednesday, June 6, 2007

No mistrial granted for Conrad Black co-defendant

(Reuters) - The charges of mail fraud, wire fraud and tax evasion against Kipnis are the least serious of those against the four men on trial. Prosecutors had contended he helped enable Black and his associates to steal $60 million from the company. His lawyer had denied that, saying that $150,000 in bonuses that Kipnis received was payment due for legal work.




The judge told Kipnis' lawyer that he had very effectively demonstrated in an earlier cross-examination that the money Kipnis received was done for work and not related to the scheme, yet she refused to grant the mistrial.


Read more at Reuters.com Bonds News

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