reportonbusiness.com: Radler sentenced to 29 months: "Mr. Radler, 65, helped build Hollinger with Lord Black over more than three decades. At its peak the company operated newspapers across Canada, the United States, Britain and Israel. However, when prosecutors began probing allegations of fraud in 2004, Mr. Radler quickly cut a deal. He co-operated with investigators for months before reaching a plea agreement in September, 2005.
He instantly became the prosecution's star witness against Lord Black and the others. During the trial last spring, Mr. Radler testified for eight days, offering details about two key phone calls he had with Lord Black in which they hatched the scheme to defraud the company. However, under fierce cross examination by defence lawyers, Mr. Radler's credibility suffered and he was constantly labelled a liar. By the end of the trial, lead prosecutor Eric Sussman told jurors that they could ignore Mr. Radler's testimony.
In court filings, Mr. Radler's lawyers have said that he has faced public scorn and suffered extreme hardship as a result of his co-operation. They also said Mr. Radler acknowledges that what he did was wrong and he is sorry.
Today's ruling by Judge St. Eve comes a week after she sentenced Lord Black to 6.5 years in prison and fined him $125,000 on fraud and obstruction of justice charges. Co-defendants Peter Atkinson and John Boultbee received 24 and 27 months respectively for fraud. The other defendant Mark Kipnis received six months under house arrest for fraud. All four are also on the hook for $6.1-million in forfeiture. Judge St. Eve is expected to rule soon on how much each man must pay. Mr. Radler is not included in the forfeiture order."
The rat is sorry - tsk tsk how hard to believe PR
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