Adelphia Founder's Son Sentenced
An AP newswire article by Larry Neumeister, via SFGate.com, reports that:
A son of Adelphia Communications Corp. founder John Rigas was sentenced Friday to 10 months home confinement by a judge who said he was "close to being a pawn" in a family-run cable television business portrayed as a house of fraud.A slap on the wrist. More here.
Michael Rigas, 52, was sentenced in U.S. District Court in Manhattan after pleading guilty to a charge of making a false entry in a company record, eliminating the need for his retrial on much more serious securities fraud and bank fraud charges.
posted by Fergie @ 3/03/2006 06:06:00 PM
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