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John Rigas was sentenced to 15 years in prison Monday for his role in the fraud that pushed Adelphia into bankruptcy. His son, Timothy, received 20 years. "Were it not for age and health, I would impose a sentence far greater," Judge Leonard Sand told the 80-year-old John Rigas, who is suffering from bladder cancer. Adelphia, the nation's sixth largest cable operator, filed for bankruptcy after it revealed it was a guarantor for more than $2 billion in loans made to the Rigas family.
June 21, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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