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John Rigas
John James Rigas (November 14, 1924 – September 30, 2021) was an American businessman who was one of the founders of Adelphia Communications Corporation, which at its peak was one of the largest cable TV companies in the United States. He was also the majority owner of the Buffalo Sabres franchise of the National Hockey League. In 2005, he was convicted on multiple charges of fraud and sentenced to 15 years in prison, serving nine of those years before being released due to declining health. Beginnings Rigas was born in Wellsville, New York, to Greek immigrants James and Eleni (Brazas) Rigas, who sought a better life in the United States for their children. John had three siblings: Gus, Mary, and Katherine. James was an entrepreneur of some repute in Wellsville, beginning as a shoe-shine man, then in 1921 introducing the Texas hot to Wellsville. The Texas hot stand remains in operation, currently co-owned by John's nephew, Chris Rigas. John's first job was, at the age of nine ...
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Wellsville, New York
Wellsville is a town and largest community in Allegany County, New York, United States. As of the 2020 census, the town had a population of 7,099. Wellsville is centrally located in the south half of the county, north of the Pennsylvania border. Wellsville is also the name of the main village within this town. The village and the town have two separate, paid governments. Alfred State College maintains a branch campus in the town, with the main campus in Alfred east. History Originally an encampment for native peoples, Wellsville's settlement was driven, first, by the tanning and lumber industries and, later, the discovery of oil and natural gas. Wellsville was the location of encampments for thousands of years, including the Lamoka and Brewerton cultures. The latest native people, the Seneca, named Wellsville ''Gistaguat'', according to a map produced in 1771 by Guy Johnson, as the official map of New York state at the time, for then-Governor William Tryon. The Seneca ...
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Osram Sylvania
Osram Sylvania Inc. is the North American operation of lighting manufacturer Osram. It was established in January 1993, with the acquisition of GTE's Sylvania lighting division by Osram GmbH. In 2016, Osram spun off its general lighting business to Ledvance which received a license to sell lighting products under the Osram and Sylvania names. The company produces lighting products for industrial, entertainment, medical, and smart building and city applications, as well as products for the automotive aftermarket and original equipment manufacturer markets. Osram Sylvania completed a move of its regional headquarters from Danvers, Massachusetts, to Wilmington, Massachusetts Wilmington is a town in Middlesex County, Massachusetts, United States. Its population was 23,349 at the 2020 United States census. History Wilmington was first settled in 1665 and was officially incorporated in 1730, from parts of Woburn, Re ..., on October 12, 2015. Company profile Osram Sylvania s ...
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Federal Correctional Complex, Butner
The Federal Correctional Complex, Butner (FCC Butner) is a United States federal prison complex for men near Butner, North Carolina. It is operated by the Federal Bureau of Prisons, a division of the United States Department of Justice. FCC Butner is about northwest of Raleigh, North Carolina, Raleigh, the List of capitals in the United States, state capital. It includes the Bureau's largest medical complex, which operates a drug treatment program and specializes in oncology and behavioral science. Among its inmates was Bernie Madoff, who was convicted of perpetrating the largest Ponzi scheme in history. He died at the prison in April 2021. The complex consists of four facilities: * Federal Correctional Institution, Butner Low (FCI Butner Low): a low-security facility, opened in 1995. * Federal Correctional Institution, Butner Medium I (FCI Butner Medium I): a medium-security facility, opened in 1976 *Federal Correctional Institution, Butner Medium II (FCI Butner Medium II): a me ...
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Tom Golisano
Blase Thomas Golisano (born November 14, 1941) is an American billionaire businessman and philanthropist. He is the founder of Paychex, which offers payroll and human resources services to businesses. Golisano owned Greenlight Networks, a fiber internet provider based in Rochester, New York, from 2019 to 2022. He owned the Buffalo Sabres of the National Hockey League and Buffalo Bandits of the National Lacrosse League from 2003 to 2011. Golisano unsuccessfully ran for Governor of New York as a third-party candidate in 1994, 1998, and 2002. As of 2020, Golisano had a net worth of US$5.2 billion. Business Paychex was founded by Golisano in 1971. He started the company with $3,000 and a credit card. Golisano served as its president and Chief Executive Officer from 1971 to October 2004. He has been the Chairman of Paychex since October 1, 2004, and its Director since 1979. In April 2018, it was announced that Golisano was purchasing Greenlight Networks, a Rochester-based fiber i ...
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Western New York
Western New York (WNY) is the westernmost region of the U.S. state of New York (state), New York. The eastern boundary of the region is not consistently defined by state agencies or those who call themselves "Western New Yorkers". Almost all sources agree WNY includes the cities of Buffalo, New York, Buffalo, Niagara Falls, New York, Niagara Falls, Jamestown, New York, Jamestown, and the surrounding suburbs, as well as the outlying rural areas of Niagara Frontier, and Chautauqua-Alleghany (or the western Southern Tier). Many would also place Rochester, New York, Rochester and the Genesee Valley in the region, although these locations are also sometimes included in the Finger Lakes Region. The State of New York sometimes defines the WNY region as including just five counties: Allegany County, New York, Allegany, Cattaraugus County, New York, Cattaraugus, Chautauqua County, New York, Chautauqua, Erie County, New York, Erie, and Niagara County, New York, Niagara. The state's Empir ...
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Prison
A prison, also known as a jail, gaol, penitentiary, detention center, correction center, correctional facility, or remand center, is a facility where Prisoner, people are Imprisonment, imprisoned under the authority of the State (polity), state, usually as punishment for various crimes. They may also be used to house those awaiting trial (pre-trial detention). Prisons are most commonly used within a criminal justice, criminal-justice system by authorities: people charged with crimes may be Remand (detention), imprisoned until their trial; and those who have pleaded or been found Guilt (law), guilty of crimes at trial may be Sentence (law), sentenced to a specified period of imprisonment. Prisons can also be used as a tool for political repression by authoritarianism, authoritarian regimes who Political prisoner, detain perceived opponents for political crimes, often without a fair trial or due process; this use is illegal under most forms of international law governing fair admi ...
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Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information."Securities Fraud Awareness & Prevention Tips
faq by FBI, accessed February 11, 2013
The setups are generally made to result in monetary gain for the deceivers, and generally result in unfair monetary losses for the investors. They are generally violating securities laws. Securities fraud can also include outright theft from investors ( embezzlement by
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Mail And Wire Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical (e.g., the U.S. Postal Service) or electronic (e.g., a phone, a telegram, a fax, or the Internet) mail system to defraud another, and are U.S. federal crimes. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice o ...
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Bank Fraud
Bank fraud is the use of potentially illegal means to obtain money, assets, or other property owned or held by a financial institution, or to obtain money from depositors by fraudulently posing as a bank or other financial institution. In many instances, bank fraud is a criminal law, criminal offence. While the specific elements of particular banking fraud laws vary depending on jurisdictions, the term bank fraud applies to actions that employ a scheme or artifice, as opposed to bank robbery or theft. For this reason, bank fraud is sometimes considered a white-collar crime. Types of bank fraud Accounting fraud In order to hide serious financial problems, some businesses have been known to use fraudulent bookkeeping to overstate sales and income, inflate the worth of the company's assets, or state a profit when the company is operating at a loss. These tampered records are then used to seek investment in the company's bond or security issues or to make fraudulent loan applica ...
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Family Values
Family values, sometimes referred to as familial values, are traditional or cultural values that pertain to the family's structure, function, roles, beliefs, attitudes, and ideals. Additionally, the concept of family values may be understood as a reflection of the degree to which familial relationships are valued within an individual's life. In the social sciences and U.S. political discourse, the conventional term '' traditional family'' describes the nuclear family—a child-rearing environment composed of a leading father, a homemaking mother, and their nominally biological children. A family deviating from this model is considered a nontraditional family. Definition Several online dictionaries define "family values" as the following: * "the moral and ethical principles traditionally upheld and passed on within a family, as fidelity, honesty, truth, and faith." * "values especially of a traditional or conservative kind which are held to promote the sound functioning of ...
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Social Conservatism In The United States
Social conservatism in the United States is a political ideology focused on the preservation of traditional values and beliefs. It focuses on a concern with moral and social values which proponents of the ideology see as degraded in modern society by liberalism. In the United States, one of the largest forces of social conservatism is the Christian right. Social conservatives in the United States generally take fundamentalist, familialist, moralist stances on social issues. This is exemplified by their opposition to abortion, opposition to feminism, support for traditional family values, opposition to pornography, support for abstinence-only sex education, opposition to LGBT rights, support for school prayer, support for school vouchers, support for homeschooling, support for Sunday blue laws, opposition to gambling, and opposition to recreational drug use, among others. As many of them are religious, especially Christian fundamentalists, social conservatives push for a ...
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Collegiate Summer Baseball
Collegiate summer baseball leagues are amateur baseball leagues in the United States and Canada featuring players who have attended at least one year of college and have at least one year of athletic eligibility remaining. Generally, they operate from early June to early August. In contrast to college baseball, which allow aluminum or other composite baseball bats, players in these leagues use only wooden bats, hence the common nickname of these leagues as "wood-bat leagues". Collegiate summer leagues allow college baseball players the ability to compete using professional rules and equipment, giving them experience and allowing professional scouts the opportunity to observe players under such conditions. To find a collegiate summer team, players work with their college coaches and prospective teams' general managers. They report to summer leagues after completing their spring collegiate season with their NCAA, NAIA, NJCAA, CCCAA, and NWAC teams. Some players arrive late due ...
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