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.

 

 

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