Posted on 07/24/2002 6:09:48 AM PDT by Petronski
Just heard on CNBC that the capos of the Adelphia Communications empire, John Rigas and his sons, have been ARRESTED on charges of mail fraud regarding the fraudulent activities in their Adelphia Communications media/sports empire.
Some arrests took place in NYC, others in tiny Coudersport, PA (45 miles from here).
A prosecutorial press conference is expected later today.
Agree on the second, disagree on the first. You underestimate the pure hatred the left has for (a) those that embarrass them and (b) capitalists in general.
The GOP is marginally better than the Dems. But only marginally. Both are led by political animals with little regard for the Constitution.
I'll take the margin (easier to sneak in the occassional victory).
BTW...
Michael Rigas, son of Adelphia Communications founder John Rigas, is led from New York's main post office building by U.S. postal inspector police Wednesday, July 24, 2002, on his way to federal court in Manhattan. Rigas, a former Adelphia executive, was arrested Wednesday on charges of securities fraud, along with his father and brother Timothy, also a former company executive. (AP Photo/Louis Lanzano)
I don't see anything on the wires from Coudersport that isn't specifically about the arrests. Must not be true.
(This post has been made via an Adelphia cable mo.....#$&^^^^^^fg453t
NO CARRIER
My limited understanding is that every time you place a USPS stamp on a document to commit fraud (Annual reports ring a bell) it is 5 or 10 years for each and every piece. We don't need more posturing by both the commies and the RINOs, just enforce those on the books.
Well it now seems that mail fraud charges are in the offering for the Rigas.
NOT.
Excellent! Capitalism can not operate without a cop on the beat, and under clinton the Justice department, the SEC and the rest of our law enforcement organs were utterly impotent.
clinton and his corrupt corporate cronies cleaned up bigtime, if you were wondering why the economy did well in spite of the largest increase in taxes in planetary history, here is your answer. Rampant fraud under the most corrupt leadership in the history of the United States of America.
Maybe it was intentional, if The People lose faith in freedom, the way is paved for the socialist enslavement that liberals slaver over.
Jailing corporate barbarians like this foul group is a good start, but it would be far more encouraging if the ken lays and clintons and rubins faced prosecution under RICO statutes for their determined violence against Democracy.
and the exact same place?
Yes, but appearances can be deceiving. Cable operators in particular have been forced to play both sides of the field since '96's deregulation. The avarice displayed in the Rigas' crimes convinced me I smelled a RAT, as in Democrat.
So I poked around a bit and learned a couple of interesting facts. Adelphia was a Trustee level ($100K) contributor to the 2000 DemoRat convention in L.A. They played no commensurate role in Philadelphia for the Republicans. Further, none other than Adelphia's VP for Political Affairs, Bill Rosendahl, was a motivational speaker at a pity party for notable California ultraleftists in the aftermath of November 01's events. See Wake Up Demcrats; Take Back the Country Conference The show was sponsored by, who else, Southern California Americans for Democratic Action (SCADA) and the Campaign for America's Future, a coupla yuppified commie fronts.
Rosendahl also does 'public affairs' TV programs in Kali.
Not for me, I would have liked to have seen these guys beheaded. Tried to get Adelphia to install a cable modem. They made 4 appointments where they never came and then lied to their dispatcher that I wasn't home, even though I was. When the moron finally showed up he couldn't get the set up to work, and then left.
That didn't stop them from billing me $35.00 bucks a month for non working cable modem service.
I couldn't get them to come back and take it out, so I took it out myself and returned it to the local office, They billed me $35.00 bucks for another 3 months and then sent me a bill for $275 for the cheap cable modem card that I had returned to their office 3 months earlier.
Luckily I had kept the receipt indicating I had returned it, and was able to get the morons to leave me alone. I knew at that point that a huge scam was going on.
They also refuse to put FOX NEWS on their cable system.
1000 years behind bars sounds like a bargain to me.
Cry me a river for the Rigases (Rigi?). If the gov really wants to deter corporate fraud like this there's a real simple way...get rid of white collar prisons. Send the Rigasas to Attica. That will put the fear of God into corporate execs.
Don't even think of using Adelphia for internet access(see post #75).
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