John, Timothy Rigas Back in PA

John Rigas is back in Pennsylvania – but still behind bars.

The 86-year-old former CEO of Adelphia Communications and his son Timothy were transferred from a federal prison in North Carolina to the Allenwood federal prison in Union County earlier this week.

Rigas and his son were convicted of securities and bank fraud in 2004 after a $3.2 billion accounting fraud scandal. They are serving 12-year and 17-year sentences respectively.

They had been serving time in Butner, North Carolina since 2007.

A federal tax fraud case is pending against both Rigases in the Middle District of Pennsylvania, and Allenwood is closer to the court. The tax trial isn’t expected to begin until next year.

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