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Monday, June 20, 2005

BREAKING NEWS ~ Adelphia founder John Rigas sentenced to 15 years
Tom Henry at 3:57 PM ET

[JURIST] Adelphia Communications Corp. [corporate website] founder John Rigas has been sentenced to 15 years for bank fraud, securities fraud, and conspiracy.

5:02 PM ET - AP is reporting that former Adelphia chief financial officer Timothy Rigas has been sentenced to 20 years in prison. Bloomberg has more.






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