Adhering to rulings by higher courts, trial Judge Amy St. Eve of the US District Court set Black, 65, free but restricted him to the continental United States for the time being.
The Canadian-born Black, a British peer who once led the world’s third-largest newspaper publisher, with titles including London’s Daily Telegraph, Canada’s National Post and the Chicago Sun-Times, entered a Florida prison in March 2008.
A jury convicted him of three counts of fraud and one count of obstruction of justice in a scheme that swindled now defunct media holding company Hollinger International Inc out of $6.1 million. He was acquitted of nine other counts, including racketeering.
Black and three fellow Hollinger executives also convicted in the case arranged to pay themselves tax-free bonuses disguised as non-compete fees as they sold off pieces of the Hollinger empire.
