Adelphia founder jailed for fraud
Monday, June 20th, 2005 NEW YORK (Reuters) - John Rigas, founder of cable operator Adelphia Communications Corp. was sentenced on Monday to 15 years in prison for concealing loans and stealing millions from the company.
Rigas was convicted in Manhattan federal court in July 2004 on 18 counts of bank fraud, securities fraud and conspiracy in connection with Adelphia’s […]