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- Adelphia Communications Corp. founder John Rigas and his son Timothy were convicted Thursday of conspiracy, bank fraud and securities fraud for looting the cable company and duping its investors. The two were convicted of all 15 securities fraud charges against them and other counts.
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Jul 11, 2019 · Tim Rigas, CFO of Adelphia Communications, and John Rigas, founder of Adelphia Communications, were sentenced to 20 and 15 years in prison respectively — sentences that were later reduced...
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John James Rigas (November 14, 1924 – September 30, 2021) was an American businessman who was one of the founders of Adelphia Communications Corporation, which at its peak was one of the largest cable TV companies in the United States.
Jun 6, 2023 · Rigas and his father John, who founded Adelphia in Coudersport in the 1950s, were indicted in 2002 in New York City and found guilty two years later on charges that included conspiracy to commit...
Sep 30, 2021 · John and Timothy Rigas were convicted by a federal jury in 2004 for conspiracy, bank fraud and securities fraud. John was found guilty of 18 of the 23 charges against him and...
Sep 30, 2021 · Mr. Rigas and his son Timothy, Adelphia’s chief financial officer, were convicted of securities fraud and bank fraud for falsifying Adelphia’s earnings and diverting more than $3...
Jun 20, 2005 · John Rigas, who turned a $300 investment a half-century ago into cable behemoth Adelphia Communications Corp., was sentenced to 15 years in prison Monday for his role in the looting and...
Jun 20, 2005 · John Rigas, the founder of Adelphia Communications, was sentenced Monday to 15 years in prison nearly a year after being convicted for his role in a multibillion-dollar fraud that led to the...
