Conrad Black accused of lying about his finances

Conrad Black lied about his finances and is enjoying a free flow of cash from his wife's businesses, according to a strongly-worded court motion by federal prosecutors. They have asked a Chicago judge to increase Black's $20m (£10.5m) bail bond and demanded that his wife, Barbara Amiel, reveal her finances. Black has disclosed for the first time that he has money invested in a Canadian company and that his wife loaned him $2.3m (£1.2m) between January and April this year. But his lawyer Ed Genson accused prosecutors of "inaccuracies and misrepresentations", adding: "They ought to start filing their pleadings like lawyers and not short story writers". The judge is expected to rule soon on the prosecution's application. (Via suntimes.com)