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Adelphia founder and two sons arrested in fraud case
John Rigas 77 founder and former CEO of Adelphia Communications and two sons were arrested on conspiracy charges in New York. The SEC filed civil suit accusing the family of looting Adelphia as a personal piggy bank, using deceptive accounting to inflate finances.
MENTIONED IN THIS ARTICLE
New York
Adelphia Communications Corp
John Rigas
Timothy Rigas
Michael Rigas
Compa
Federal Securities and Exchange Commission
Manhattan
James R