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.
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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