Feds: Drop Remaining Rigas Charges

Federal prosecutors have told a judge that the six-year-old indictment of Adelphia Communications founder John Rigas and his son Timothy should be dismissed.

Last week US District Judge John Jones III dismissed a conspiracy count against the Rigases. Prosecutors say, in light of that ruling, eight counts of tax evasion should be dismissed as well.

The IRS is still pursuing a civil case against them.

86-year-old John Rigas is serving a 12-year prison term and 55-year-old Timothy is serving a 17-year term after being convicted of stealing nearly $2 billion from Adelphia and lying about the cable company’s finances. John is expected to be released on January 23, 2018. Timothy’s expected release date is June 23, 2022.

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