Former media mogul Conrad Black has sold his oceanfront mansion in Florida's Palm Beach for more than 23 million dollars (£15 million).
The Palm Beach Daily News quoted an estate agent as saying a California family bought the property. Black paid 9.9 million dollars (£6.3 million) for it in 1997.
The house has more than 21,000 square feet and boasts a tunnel to the beach.
Black is the Canadian-born former chairman of the Hollinger International media company who was convicted in 2007 of defrauding investors and served two years of a six-and-a-half year sentence. He was freed on two million dollars (£1.28 million) bail pending the outcome of his appeals.
An appeals court overturned some of his convictions and Black faces resentencing on June 24 for convictions that were upheld.