Adelphia Communications Corporation was a major American telecommunications firm established in 1952 by John and Gus Rigas. After decades of growth into one of the nation's largest cable providers, the company collapsed in 2002 following the discovery of a massive internal corruption scandal. Investigations revealed that the Rigas family had concealed billions in debt and misappropriated corporate funds for extravagant personal use. This fraud led to criminal convictions for the founders and forced the company into a high-profile Chapter 11 bankruptcy. Consequently, Adelphia's vast assets were eventually sold to Comcast and Time Warner Cable for billions of dollars. Today, the company's former service areas are primarily operated by Spectrum and Xfinity.