Conrad Black’s fraud conviction vacated

The U.S. Supreme Court has sent Conrad Black’s case back to the federal appeals court, rejecting the lower court’s decision to uphold the former media baron’s fraud conviction. Supreme Court justices ruled the "honest services" law was misused in convicting Black as well as former Enron CEO, though the ruling doesn’t require their convictions to be overturned. Still, it’s a blow to a law that’s become popular with those prosecuting white collar crime, despite being denounced by critics for its vagueness.

New York Times