Archives for June 20, 2005

'John Rigas told the court that mistakes were made in the way he ran the company, but he intended no wrong.' … [Read more...] about Former Sabres Owner Gets 15 Years In Prison

'A third son, Michael, had a mistrial declared in his case and a new federal case against is slated to begin on Oct. 24.' … [Read more...] about John Rigas sentenced to 15 years in prison

'After John Rigas, who has cancer and a heart condition, serves two years of his sentence, the Bureau of Prisons can ask for a reduction if it concludes he has less than three months to live, U.S. District Judge Leonard Sand said. The judge, who presided over the trial in New York, ordered both Rigases to surrender to prison officials on Sept. 19.' … [Read more...] about Adelphia Founder John Rigas Gets 15 Years; Son, 20

'The federal judge sentencing Rigas admonished him for his lack of remorse and said he would have imposed a greater prison term if not for Rigas' old age and ill health.' … [Read more...] about Adelphia founder sentenced to 15 years

'Rigas' son Timothy, 49, who like his father was convicted last year of bank fraud, securities fraud and conspiracy, was sentenced to 20 years in prison. Sand could have sentenced both men to life.' … [Read more...] about Adelphia Head, Son Sentenced in Fraud Case