Dying Adelphia Founder To Be Freed From Prison
The founder of Adelphia Communications, who served as CEO when the corporation collapsed in 2002, has been granted a humanitarian release from prison.
On Friday in Manhattan, United States District Judge Kimba Wood issued an order releasing John Rigas from Allenwood Federal Correctional Complex, a low-security prison near White Deer, Pennsylvania, where he was serving twelve years following his 2004 conviction on charges of bank, wire and securities fraud.