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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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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.
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Sep 30, 2021 · John J. Rigas, who turned a $300 investment in a local cable television system into the nation’s sixth largest cable company, only to see his empire collapse after he was convicted of looting...
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...
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...
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 was...
Jul 8, 2004 · John Rigas and Timothy Rigas, who was Adelphia's former chief financial officer, were found guilty of one count of conspiracy, 15 counts of securities fraud and 2 counts of bank fraud.
Oct 1, 2021 · John J. Rigas, who built Adelphia Communications into the sixth-largest cable company in the country and whose 2007 jailing for stealing millions of dollars from the firm made him a prominent...
