Monday, June 20, 2005

Adelphia founder sentenced to 15 years - Yahoo! News

Adelphia founder sentenced to 15 years - Yahoo! News: "John Rigas, founder of cable operator Adelphia Communications Corp. (Other OTC:ADELQ - news), was sentenced on Monday to a lower-than-expected 15 years in federal prison for concealing loans and stealing millions from the company.
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The sentence for his son, Timothy Rigas, is expected later on Monday"

While it may be "lower-than-expected" in some circles, most locals did not believe he would get any time.

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