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Adelphia Communications founder John J. Rigas, his two sons and two other top company officials were arrested and charged Wednesday in New York with an elaborate, multibillion-dollar scheme to defraud investors and creditors of the Pennsylvania cable company. Southern District of New York U.S. Attorney James B. Comey called the scheme "one of the largest and most egregious frauds ever perpetrated on investors and creditors."
July 25, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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