Former Sabres Owner going to prison.

Discussion in 'The Business of Hockey' started by chiavsfan, Jun 21, 2005.

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  1. chiavsfan

    chiavsfan Registered User

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    From the newswire I have at the radio station (work)

    "(Undated) - Adelphia Cable founder John Rigas has been sentenced to 15 years in prison for his role in the theft and fraud that led to the company's bankruptcy. Rigas' son Timothy received a 20-year sentence. The two were found guilty of securities fraud and conspiracy last July. "
     
  2. Tekneek

    Tekneek Registered User

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    Fantastic news. I was afraid they were going to get off easy.
     
  3. Stronso

    Stronso Piker

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    Great news!!


    BTW - whatever happened to that who wanted to buy the Islanders? Was his name Spanos?
     
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