Judge gives Hollinger's Radler 29 months in prison

Mon Dec 17, 2007 12:50pm EST
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By Andrew Stern

CHICAGO (Reuters) - A U.S. judge on Monday gave a 29-month prison sentence to David Radler, one-time president of media giant Hollinger International Inc, whose trial testimony helped convict former press baron Conrad Black.

"I made mistakes and they hurt me and my family," the former publisher of the Chicago Sun-Times said before sentence was imposed. "I will live my life with this and I'm sorry for what I've done."

Radler, a 65-year-old Canadian, had pleaded guilty to a single count of fraud in 2005 in an agreement that led to eight days of testimony at a trial that concluded in July. Radler admitted to a scheme to swindle Hollinger and its shareholders out of millions of dollars.

Black and three other former Hollinger executives pleaded not guilty and were convicted by a jury, with Black sentenced last week by U.S. District Judge Amy St. Eve to 6-1/2 years. He was also fined $125,000 and ordered to forfeit $6.1 million.

St. Eve on Monday affirmed Radler's agreed-to 29-month sentence and a fine of $250,000. He was ordered to surrender on February 25, and she agreed to recommend at his lawyer's request that he be allowed to serve his time at a prison in Pennsylvania.

"You have breached your duty of trust, you have breached your duty of honesty ... but you've tried to right those wrongs," the judge told Radler, noting that he had agreed to pay $61 million in restitution.


During last summer's trial, lawyers defending Black and the others depicted star witness Radler as a liar whose plea agreement would have him out of jail after six months if he served his time in a Canadian jail, due to that country's guidelines covering nonviolent crimes.   Continued...

<p>Former publisher of the Chicago Sun-Times David Radler leaves the Dirksen Federal Building after testimony in the Federal corruption trial of former Hollinger International Chairman Conrad Black in Chicago, Illinois, May 17, 2007. REUTERS/Frank Polich</p>