NPR logo
Adelphia Settlement to End Fraud Investigation
  • Download
  • <iframe src="https://www.npr.org/player/embed/4619611/4619612" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Adelphia Settlement to End Fraud Investigation

Business

Adelphia Settlement to End Fraud Investigation

Adelphia Settlement to End Fraud Investigation
  • Download
  • <iframe src="https://www.npr.org/player/embed/4619611/4619612" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Bankrupt Adelphia, the fifth-largest cable provider in the country, has agreed to pay the government $715 million to settle a federal fraud investigation. The company's founder John Rigas and his family members have also agreed to forfeit their assets.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.