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John and Timothy Rigas were convicted  in June, 2005 of fraud and looting the company. Sentenced to 15 and 20 years. (Out on bail pending appeals.) Rigases forfeit $1.5 billion in deal to settle civil cases.

Investors lose $60 billion

Company declares bankruptcy in 2002, assets are sold to Comcast and Time Warner June 2005

John Rigas

Michael Rigas

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