Hollinger International’s former chief lawyer, on trial for fraud with its ex-chairman, Conrad M. Black, is an “honest and trustworthy man” and should be acquitted of all charges, his lawyer told jurors Monday in closing arguments, Bloomberg News reported.
“Nobody breaks a lifelong pattern of conduct like that for no reason,” Ronald S. Safer, a lawyer for Mark S. Kipnis, Hollinger’s former general counsel, said in Federal District Court in Chicago, according to Bloomberg News.
The jury is scheduled to receive legal instructions from Judge Amy J. St. Eve on Tuesday and may then begin deliberations, Bloomberg News reported.
Kipnis is charged with 11 counts of mail, wire and tax fraud. He is accused of helping Black and two other former Hollinger executives steal $60 million from the newspaper publisher as they engineered the sale of more than $3 billion in assets from 1998 to 2001, Bloomberg News reported.-New York State Society of Certified Public Accountants
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