Former House Speaker Close To Paying Million Dollar Fine

Disgraced former House Speaker Jim Black may be able to meet a December deadline to pay a one million dollar fine or spend more time in prison.

A real estate agent says Black has a buyer for property listed for $950,000 in Matthews.

Real estate agent Don Deason says the deal with an unidentified buyer for an undisclosed price will close next month.

The 72-year-old Black is serving a five-year federal prison sentence for political corruption and a state court judge imposed the fine on similar charges. Black must pay the fine by Dec. 10 or face an additional two years in prison.


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