Conrad Black sells another bauble from his once formidable empire

There is a report that fallen media mogul Conrad Black has sold his mansion in Palm Beach, Florida.

The Palm Beach Daily News is reporting the mansion has been bought by a California family for US$23.1 million.

The newspaper attributes the information to a warranty deed from the Palm Beach County Clerk’s office.

Black was freed last summer while the courts deal with appeals of his fraud and obstruction of justice convictions that landed him a 6 1/2-year U.S prison sentence.

The mansion built in 1973 reportedly boasts five bedrooms, six bathrooms and a guesthouse.

Municipal records indicate the property has a “total” square footage of 21,672 that includes a tunnel beneath the street that allows the main property to be connected to the beach.

Real estate broker Lawrence Moens told the newspaper that he received two written offers from other potential buyers interested in the house.

“I had great sellers and buyers,” Moens said Thursday, describing Black and his wife, Barbara Amiel Black, as “gracious people.”

Two of Black’s three fraud convictions were overturned in October by a U.S. appeals court. It upheld one fraud conviction and one for obstruction of justice.

His lawyers have formally petitioned the top U.S. court to review the two convictions against him.

Last year Black unsuccessfully tried to persuade a Chicago judge to allow him to return to Canada while out on bail. He cited his wife’s undisclosed health issues.

Amiel reportedly lived in the couple’s Palm Beach mansion for most of her husband’s 28-month incarceration at a federal prison in Coleman, Fla.

His lawyer told the court last year that the Palm Beach home was “not a suitable abode in her condition” in the blazing heat of a Florida summer.

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