Jail term for ex-Adelphia execs to start in August
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A U.S. judge on Wednesday ordered convicted Adelphia Communications Corp. founder John Rigas and his son Timothy, who have remained free on bail while they pursued an appeal, to begin serving their lengthy prison terms in August.
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Ex-WorldCom CEO Bernard Ebbers will report to a federal prison Tuesday to begin his 25-year sentence for his role in an $11 billion accounting fraud.
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A Costa Rican appeals court judge ordered the former head of the Organization of American States jailed Friday while prosecutors prepare corruption charges against him for allegedly accepting kickbacks when he was the nation's president.
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A former executive of CA Inc. was sentenced to 10 months of home confinement for conspiring to buy the silence of two people as part of a $2.2 billion fraud scheme.
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A federal judge in Houston Wednesday agreed to postpone for five months the criminal trial of several former executives in Enron Corp.'s Internet division, just one day after a leader of the unit pleaded guilty and agreed to cooperate with prosecutors.
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By Reuters. Adelphia Communications Corporation, the cable television provider, restated financial results for three years yesterday as part of its effort to emerge from Chapter 11 bankruptcy protection or sell its assets.
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ALDERSON - Starting Oct. 8, Martha Stewart will begin serving her five-month sentence for lying to federal investigators here, in the Alderson Federal Prison Camp.
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Four Infineon executives pled guilty for price fixing computer memory chips and will face a prison sentence of four to six months along with $250,000 in fines, reported the US Department of Justice on Thursday.
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A federal judge ordered Bernard J. Ebbers to report to federal prison on Sept. 26 to begin his 25-year sentence.
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A six-month lull in corporate fraud trials ends soon. Ex-Tyco, WorldCom, HealthSouth execs on deck. By Krysten Crawford, CNN/Money staff writer.
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A former Qwest executive will plead guilty to a misdemeanor instead of going through a second trial on federal fraud charges. Thomas Hall, a former senior
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Adelphia Communications Corp., which filed for bankruptcy court protection in June 2002, restated financial results for three years and said its loss narrowed last year to $832.6 million.
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WASHINGTON -- Adelphia Communications has offered $300 million to resolve investigations by the Securities and Exchange Commission and the Justice Department, the company said.
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New York (Oct. 20, 2004) - A federal judge has granted defense lawyers&#39; request to delay the trial of former WorldCom chief executive Bernard Ebbers by two months, according to published reports.
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NEW YORK -- A federal judge has delayed the trial of former WorldCom chief Bernard Ebbers until January 17th. The trial had been set to start November Ninth.
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Former Enron executive Andrew Fastow, who pleaded guilty to fraud, will be sentenced on Tuesday.
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Creditors of Adelphia Communications asked a judge last week to liquidate the company and its affiliates to speed payments to creditors.