Expert Witness Testifies in Conrad Black Fraud Trial

Former media baron Conrad Black and other former executives of Hollinger International are charged with defrauding the company of $84 million through non-competition payments. Last week the prosecution focused on charges against Black alone regarding obstruction of justice and his opulent New York apartment.

Federal prosecutor Edward Sisko brought in real estate appraisal expert witness John Miller, of consulting firm Miller Samuel Inc. Expert witness Miller testified that Black’s apartment at 635 Park Ave. had a fair market value of $5.2 million and not the $3 million that Black paid for it.

The prosecution also showed security footage with Black and his chauffer carrying 13 mysterious boxes out the back door to his car from Hollinger’s Toronto office. The SEC had ordered that no documents could be removed without approval by an inspector according to Medhill Reports.