Black: the hunt for the cash

Lord Black of Crossharbour, the disgraced media baron and former owner of The Daily Telegraph, faces a court-ordered probe into his opaque finances. The prosecutors who secured his conviction for fraud allege that he has squirrelled away millions of dollars in cash, property and other assets.

The battle to discover what Black is really worth has taken a nasty turn since he was found guilty on Friday on three counts of fraud and one of obstructing justice, with the prosecution saying that Black cannot be trusted and should be sent to prison immediately.

He remains free on bail in the Chicago area this weekend, as questions swirl about how he has been able to maintain a comfortable lifestyle despite court controls being imposed on his finances north and south of the US-Canadian border. The US government alleges that he has already broken the terms of his bail bond, lied about his assets and is funnelling millions of dollars through his wife, the conservative columnist Barbara Amiel.

Black faces up to 20 years behind bars

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