Jurors deliberating in executive fraud trial

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Monday, June 28, 2004 | 9:05 a.m.

NEW YORK --- A federal court jury began deliberations today in the trial of four former Adelphia Communications Corp. executives accused of looting the cable television system operator.

Adelphia founder John Rigas, 79, his sons Timothy and Michael, and former assistant treasurer Michael Mulcahey each face 30 years in prison if convicted of the most serious charge, bank fraud. They are accused of hiding $2 million in debt from the company's investors.

During the three-month trial, the government focused on the lavish ways the Rigas family spent the money it allegedly stole from Adelphia.