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	John Rigas - Wikipedia, the free encyclopedia
		John J. Rigas (born November 14, 1924 in Wellsville, New York) was one of the founders of Adelphia Communications Corporation, (Adelphia is the Greek word for Brothers), which at its peak was one of the largest cable companies in the United States.
		Rigas was convicted of the charges in the summer of 2004 and on June 20, 2005 was sentenced to 15 years in federal prison.
		In 2005 John Rigas and his sons, Timothy Rigas and Michael Rigas, and Ellen Rigas, were charged with tax evasion and pleaded not guilty in October 2005.
	en.wikipedia.org /wiki/John_Rigas (578 words)

	PCN - Pennsylvania Cable Network
		Rigas described him as a “marvelous encyclopedia of all the movies ever made.” Milberg told Rigas that he had noticed as he was traveling around that some of the small towns in Pennsylvania were bringing in television “by wire.” This was 1952.
		John Rigas, at age 77, the respected icon of the cable industry, suffered the indignity of a “perp walk” in handcuffs in front of the news media.
		John Rigas, now 78, is still warmly welcomed and greeted as he parks his car, leaves the keys on the seat of the unlocked vehicle, and walks down the main street of Coudersport on his way to lunch at the Hotel Crittenden.
	www.pcntv.com /CablePioneersRigas.htm (6604 words)

	John Rigas: Adelphia Founder Is Sentenced to 15 Years - AP 20jun2005
		Rigas' son, Timothy, 48, the company's former chief financial officer, was sentenced to 20 years in prison.
		Rigas founded Adelphia with a $300 license in 1952, took it public in 1986 and built it into a cable titan by acquiring other systems in the 1990s.
		A second Rigas son, Michael, former executive vice president for operations, was acquitted of conspiracy and wire fraud.
	www.mindfully.org /Industry/2005/John-Rigas-Adelphia20jun05.htm (642 words)

	JOHN RIGAS
		John is proud that he and his wife, Doris, provided Ivy League educations for sons Michael, Tim and James, as well as the couple’s daughter, Ellen, a singer and producer with her own entertainment company in New York City.
		Rigas has served on the Board of Trustees at St. Bonaventure University in Allegany, N.Y., since 1984 and supports a variety of university activities; the Rigas Family Theater in the Regina A. Quick Center for the Arts is named for him.
		Rigas expects that trend to continue as he and his family operate the Buffalo Sabres organization, at the same time Adelphia moves forward in its partnership with TCI to operate the city’s cable franchise and the Empire Sports Network.
	www.livingprimetime.com /AllCovers/July1998/workjul1998/john_rigas.htm (2154 words)

	deseretnews.com \| Adelphia exec pair convicted
		NEW YORK — Adelphia Communications Corp. founder John Rigas and his son Timothy were convicted Thursday of looting the cable company to line their own pockets and deceiving investors by hiding its backbreaking debt.
		But the verdict was devastating news for John Rigas, 79, who founded the company with a $300 license in 1952, took it public in 1986 and built it into a cable titan by acquiring other systems in the 1990s.
		John Rigas and 47-year-old Timothy Rigas, who was Adelphia's chief financial officer, were acquitted of wire fraud charges.
	deseretnews.com /dn/view/0,1249,595075980,00.html (639 words)

	Rigas fraud trial set to begin today (Site not responding. Last check: 2007-11-04)
		Today, Rigas and two of his offspring will enter a Manhattan courtroom to face criminal charges that they looted Adelphia Communications Corp. to pay for a golf course and other personal expenditures; hid more than $2 billion in debt from shareholders; backdated financial documents; and improperly boosted profits at the nation's sixth-largest cable operation.
		John Rigas and his two indicted sons, Timothy J. Rigas and Michael J. Rigas, declined comment for this article through their attorneys.
		Federal authorities accused John Rigas and his two indicted sons of treating Adelphia as their "piggy bank" and chronicling massive cash outflows from the company into separate businesses the Rigas family controlled.
	www.post-gazette.com /pg/04054/276430.stm (652 words)

	Euro2day :: Rigas lawyers want his conviction tossed
		NEW YORK (AFX) - With Adelphia Communications Corp. founder John Rigas looking on, his lawyers told a federal appeals court Wednesday that the conviction of the 81-year-old patriarch and a son on fraud charges should be thrown out because accounting terms were not explained to the jury.
		Rigas, and his son, the company''s former chief financial officer, were convicted of conspiracy, bank fraud and securities fraud.
		John Rigas was sentenced to 15 years in prison and Timothy Rigas was sentenced to 20 years.
	www.euro2day.gr /articlesfna/16055160 (904 words)

	FOXNews.com - Adelphia Founder John Rigas Guilty of Fraud, Conspiracy - Business And Money \| Business News \| Financial ...
		A grim-looking John Rigas, who remained seated for half an hour after the verdict was read, had nothing to say to reporters as he left the courthouse with his lawyers.
		John Rigas founded Adelphia when he bought a $300 license to wire Coudersport, Pa., where Adelphia was long based, for cable in 1952.
		Prosecutors charged John Rigas with using the company treasury as his "personal ATM." For example, they said he used $26 million in Adelphia funds to buy timber land in front of his ranch because he did not want his view to be obstructed.
	www.foxnews.com /story/0,2933,125111,00.html (667 words)

	U.S. v. Rigas
		John Rigas, on behalf of himself, also seeks an order severing his trial from that of his codefendants.
		Michael Rigas first argues that, although the Indictment on its face alleges two separate $ 2 billion bank frauds, the identified frauds were in fact against two separate syndicates and not individual financial institutions as defined in the statute.
		John Rigas is prepared to concede that the allegations are sufficient regarding his involvement in so-called "external" activity, by which he means, in general, the diversion of Adelphia corporate funds to his personal or Rigas family use.
	www.nyls.edu /pages/1805.asp (5385 words)

	Business: Witness: Adelphia execs kept 22 cars
		Raptis negotiated with John Rigas several times to reclaim the vehicles, and ultimately threatened to make it a police matter, he said in his second day of testimony in the fraud trial of John Rigas and two of his sons.
		John Rigas, Timothy Rigas, Michael Rigas and former Adelphia executive Michael Mulcahey have pleaded not guilty to charges of conspiracy and fraud.
		Raptis, formerly an assistant to John Rigas and currently in charge of maintenance and facilities at Adelphia, is a distant cousin and an old family friend of the Rigases.
	www.sptimes.com /2004/03/25/Business/Witness__Adelphia_exe.shtml (726 words)

	washingtonpost.com: Chairman Trusted Adelphia's Stewards, Attorney Tells Jury
		Rigas, two of his sons, Michael and Timothy, and former Adelphia vice president Michael C. Mulcahey are charged with conspiracy and bank, wire and securities fraud.
		Prosecutors allege that between 1999 and 2002, the Rigas family looted the company of millions of dollars, used accounting tricks to improve the firm's financial results and routinely made Adelphia foot the bill for the family's personal stock purchases.
		John Rigas, Fleming said, had passed on day-to-day management to his sons in 1999, at a time when he underwent bypass surgery and was diagnosed with bladder cancer.
	www.washingtonpost.com /ac2/wp-dyn/A50619-2004Jun17?language=printer (556 words)

	Adelphia founder John Rigas sentenced to 15 years in prison (Site not responding. Last check: 2007-11-04)
		NEW YORK -- John Rigas, who turned a $300 investment a half-century ago into cable behemoth Adelphia Communications Corp., was sentenced to 15 years in prison Monday for his role in the looting and debt-hiding scandal that pummeled the company into bankruptcy.
		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.
		Just after he was sentenced, the elder Rigas, hunched forward in his seat, held his right hand over his mouth and dabbed at his eyes and nose with a white tissue.
	www.post-gazette.com /pg/05172/525383.stm (942 words)

	Rigas and two sons arrested on fraud charges - Jul. 24, 2002
		NEW YORK (CNN/Money) - John Rigas, the former head of Adelphia Communications, and two of his sons were arrested Wednesday and charged with looting the cable TV company of hundreds of millions of dollars to pay for luxury condos and a golf course, and to cover personal investment losses.
		Timothy Rigas, 46, and Michael, 48, were executive vice presidents of Adelphia: Timothy was chief financial officer and head of the board's audit committee, and Michael was in charge of operations.
		Rigas joins former Tyco International Ltd. CEO Dennis Kozlowski, who is facing state tax evasion and evidence tampering charges related to his purchase of artwork, as well as former ImClone Systems Inc. CEO Samuel Waksal, who faces charges related to insider trading of company stock, among former top executives now facing criminal charges.
	money.cnn.com /2002/07/24/news/rigas (1364 words)

	Adelphia Story: Indictments Handed Out in Fraud Case - - CFO.com
		John Rigas, three former finance department executives, and ex-VP of operations charged with stealing millions from cable company.
		According to wire service accounts, John Rigas, the 78-year-old founder of the cable giant, was indicted, along with his sons Timothy and Michael, for allegedly perpetrating securities fraud, wire fraud and bank fraud.
		Last week, John Rigas and three of his sons went to court to convince a judge that they're entitled to payments under Adelphia's director and officer liability insurance.
	www.cfo.com /article.cfm/3006490 (441 words)

	John Rigas, Schema-Root news (Site not responding. Last check: 2007-11-04)
		Two years later, Adelphia founder John Rigas and his son Timothy were convicted on conspiracy and fraud charges for looting the company.
		Company founder John Rigas and his son Timothy were convicted in 2004 of pocketing more than $2 billion from Adelphia for their own personal use and misleading...
		At the same trial, former Adelphia CEO John Rigas and his son, Timothy, were found guilty of fraud and other charges.
	schema-root.org /people/career/business/john_rigas (1055 words)

	Complaint: SEC v. Adelphia Communications Corporation, John J. Rigas, Timothy J. Rigas, Michael J. Rigas, James P. ...
		Rigas was involved in the day-to-day management of Adelphia and, with his sons, regularly monitored Adelphia's overall operations and expansion.
		Rigas also knew, or was reckless in not knowing, that the direct placements of Adelphia stock to Rigas Entities-representing approximately $1 billion as of December 31, 2001-were not paid for in cash as represented to investors but were sham transactions by which Adelphia's co-borrowing liabilities were removed from Adelphia's books.
		Rigas also reviewed and approved fraudulent earnings reports and press releases that contained similar inaccurate financial information on Adelphia, including false claims that Adelphia was de-leveraging through, among other things, stock sales to Rigas Entities, when such stock sales were actually increasing Adelphia's liabilities and diluting Adelphia's equity.
	www.sec.gov /litigation/complaints/complr17627.htm (11125 words)

	Adelphia's founder John Rigas and son face sentencing (phillyBurbs.com) \| Pennsylvania News
		NEW YORK - Adelphia Communications Corp. founder John Rigas and his son arrived at a federal courthouse Monday to face sentencing for their role in the looting and debt-hiding scandal that bankrupted the cable company.
		Rigas waved to a crush of cameras as he and his son Timothy, the company's former chief financial officer, arrived at the courthouse in Lower Manhattan.
		John Rigas, 80, founded Adelphia with a $300 license in 1952, took it public in 1986 and built it into a cable titan by acquiring other systems in the 1990s.
	www.phillyburbs.com /pb-dyn/news/103-06202005-504879.html (595 words)

	Ex-Adelphia CEO Rigas sentenced to 15 years; son gets 20. - Jun. 20, 2005
		John Rigas, who ran Adelphia for more than five decades, and Timothy were convicted last July on 18 felony counts apiece of fraud and conspiracy.
		John Rigas is 80 and ailing; Timothy is 49.
		Michael Rigas, another former executive and also a son of John, is awaiting a second trial after the jury acquitted him on some charges and deadlocked on other felony counts against him.
	money.cnn.com /2005/06/20/news/newsmakers/rigas_sentencing/index.htm (1110 words)

	[No title]
		Rigas' arrest came just weeks after Adelphia filed Chapter 11 bankruptcy, and on the same day that Worldcom revealed it had inflated profits by hiding billions of dollars in costs.
		It sought bankruptcy protection in 2002 after investigators found that the family of founder John Rigas tapped company coffers to support billions in private loans and extravagant personal expenses.
		Rigas's son and former Adelphia chief financial officer Timothy J. Rigas was given 20 years in prison for his role in the scheme.
	www.lycos.com /info/adelphia--john-rigas.html (347 words)

	Defiant Adelphia founder John Rigas embraces the spotlight - June 22, 2005
		NEW YORK (AP) — John Rigas, a silver-haired one-time movie theater projectionist who caught the cable television wave in its infancy, found himself on the wrong end of the cameras Monday after he was sentenced to 15 years in prison for fraud.
		Prosecutors said the Rigas family stole hundreds of millions of dollars from 1999 until 2002, when the fraud was revealed and the company was forced to undergo bankruptcy reorganization.
		Prosecutors said Rigas, who started the company with a $300 investment, made the company pay for expenses as small as massages and took $100,000 from the company whenever he wished.
	archive.dailyitem.com /archive/2005/0622/biz/stories/06biz.htm (519 words)

	USATODAY.com - Rigas wired himself Adelphia funds, witness testifies (Site not responding. Last check: 2007-11-04)
		NEW YORK (AP) — Adelphia Communications founder John Rigas repeatedly wired himself money from the company's coffers and asked if a former Adelphia accountant who tried to end the practice was trying to bankrupt him, the accountant testified Monday in the fraud trial of Rigas and two of his sons.
		John Rigas, his sons Timothy and Michael Rigas, and a fourth former Adelphia executive, Michael Mulcahey, are on trial on charges of conspiracy and fraud related to an alleged scheme to defraud and mislead Adelphia investors, creditors and the public.
		At one board meeting, John Rigas and Timothy Rigas began arguing loudly with each other over the findings of Zacherl and other employees regarding expenses that Adelphia was funding, Zacherl said.
	www.usatoday.com /money/media/2004-03-22-adelphia-trial-mon_x.htm (799 words)

	smokerblog \| 15 Years for John Rigas
		Now, John Rigas is a doddering, 80-yr-old man, who by almost all accounts is the sweetest, kindest guy you could hope to meet, plus, he has bladder cancer and the likelihood that he will die behind bars is high.
		Sympathy for Rigas' health situation notwithstanding, the numbers are compelling: $50 million in cash advances, $1.6 billion in securities, and$252 million to repay margin loans were provided by Adelphia to the Rigases.
		Unlike John Rigas, who abused the wealth of the company he had built, Skilling and Lay built a company designed from the very beginning to profit from the gray areas and loopholes (to put it kindly) in the legal and regulatory landscape.
	www.ksmoker.com /archives/000576.html (522 words)

	john rigas
		Primary geographical clusters are located in the suburbs of Buffalo, Pittsburgh and Philadelphia; in the Miami and West Palm Beach areas of Florida; in Ocean County, New Jersey; and in Massachusetts, Ohio, Michigan, Vermont and Virginia.
		Rigas has served two separate terms on the Board of Directors of the National Cable Television Association, from approximately 1975 to 1981, and then from 1986 to the present.
		The Rigas family involvement extends beyond the cable industry,as they are also spearheading a plan to redevelop the Buffalo waterfront based around the construction of a new Adelphia operations center.
	www.empiresports.com /johnrigas.html (824 words)

	Members Of Rigas Family Indicted
		Three members of the Rigas family, which controlled Adelphia Communications Corp. for 50 years, were indicted yesterday on charges of conspiring to defraud investors out of more than $250 million and failing to disclose $2.3 billion in loans to the family.
		John Rigas, who has kept a low profile since he was forced to resign in May, issued a statement defending himself and his family name.
		John Rigas's attorney, Peter Fleming, said the co-borrowing agreement was first disclosed in a footnote in the company's 2000 financial statement filed with the Securities and Exchange Commission.
	www.yourlawyer.com /articles/read/2008 (988 words)

	Adelphia founder John Rigas found guilty - Corporate Scandals - MSNBC.com (Site not responding. Last check: 2007-11-04)
		John Rigas, 79, and Timothy Rigas, 47, each faces 30 years in prison on the most serious charge, bank fraud.
		John Rigas showed no reaction to the verdict, leaning forward in his chair and looking down at the defense table.
		Rigas also ordered up 17 company cars and the company purchase of 3,600 acres of timberland at a cost of $26 million to preserve the pristine view outside his Coudersport home.
	www.msnbc.msn.com /id/5396406 (888 words)

	FOXNews.com - Adelphia Founder John Rigas Gets 15 Years - Business And Money \| Business News \| Financial News
		NEW YORK — Adelphia Communications Corp. founder John Rigas (search) was sentenced Monday to 15 years in prison by a judge who blamed him for duping investors of his bankrupted cable company in "one of the largest frauds in corporate history."
		Rigas' 48-year-old son, Timothy, the company's former chief financial officer, was sentenced to 20 years in prison.
		The judge said that if Rigas serves at least two years and is judged by prisons officials to have less than three months to live, prisons officials can ask the court to cut the sentence short.
	www.foxnews.com /story/0,2933,160147,00.html (838 words)

	RCNJ: John Rigas '50 Steps Down as CEO of Adelphia Communications (Site not responding. Last check: 2007-11-04)
		Henry Scheuer '69 pointed out that John Rigas '50 stepped down today as Chairman and CEO of Adelphia Communications, the sixth largest cable television company in the United States.
		Rigas co-founded the company in 1952 and has led the company for about 50 years.
		In addition to his role at Adelphia, John Rigas is majority owner of the Buffalo Sabres, a team in the National Hockey League.
	www.rcnj.org /2002/05/15/1531231.html (291 words)

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