Tuesday, January 17, 2017     Volume: 31, Issue: 25
Signup

Weekly Poll
Do you support the SLO County Board of Supervisors electing John Peschong as chair over Adam Hill?

Yes, the new conservative majority has a right to flex its muscle.
No, the board broke a nonpartisan tradition of rotating the chair, and Hill was next in line.
It doesn't matter—the liberals are screwed either way.
I've stopped following this circus years ago.

Vote! | Poll Results

RSS Feeds

Latest News RSS
Current Issue RSS

Special Features
Delicious
Search or post SLO County food and wine establishments

New Times / News

The following article was posted on June 26th, 2013, in the New Times - Volume 27, Issue 48 [ Submit a Story ]
The following articles were printed from New Times [newtimesslo.com] - Volume 27, Issue 48

Moriarty denied bail

By MATT FOUNTAIN

A former Grover Beach financial investment advisor suspected of pilfering millions of dollars from his clients and charged with fraud and embezzlement will spend the foreseeable future in jail, after a judge denied his request to reduce his bail.

On June 12, San Luis Obispo County Superior Court Judge Jacqueline Duffy ruled that bail for Al Moriarty, 80, will remain set at $5 million due to the amount allegedly taken from his victims, currently conservatively estimated at $3.2 million. 

Moriarty’s attorney had argued that he wasn’t a flight risk and had ties to the community.

Moriarty filed bankruptcy in July 2012, claiming a debt of approximately $22 million to creditors. 

Another preliminary hearing is scheduled for July 3.