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Articles Tagged With ‘Al Moriarty’




Cal Poly to pay $480,000 to rid Moriarty’s name from scoreboard

Written on 20 Aug, 2015 in Daily Briefs, Featured | 14 comments

Cal Poly has agreed to pay $480,000 to remove Ponzi scheme architect Al Moriarty’s name from the scoreboard of the university’s football stadium. The funds from the settlement will come from the Cal Poly Foundation, not tuition money, according to... (Continue reading)

Al Moriarty ordered to pay $10 million in restitution

Written on 17 Dec, 2014 in Daily Briefs, Featured | 13 comments

A San Luis Obispo County Superior Court judge on Wednesday ordered former Grover Beach financier Al Moriarty to pay $10,209,301 in restitution for securities fraud and embezzlement. In August, the 81-year old pleaded no contest to fraud and embezzlement charges... (Continue reading)

Al Moriarty sentenced to 5 years

Written on 18 Sep, 2014 in Daily Briefs, Featured | 9 comments

A San Luis Obispo judge sentenced Grover Beach financier Al Moriarty to a five-year county jail sentence Thursday, but the convicted felon will likely have to remain behind bars for just a little more than a year. [KSBY] Last month,... (Continue reading)

Cal Poly trying to rid Moriarty’s name from football scoreboard

Written on 1 Sep, 2014 in Daily Briefs, Featured | 17 comments

A bankruptcy judge may soon decide whether the scoreboard at Cal Poly’s football stadium will display the name of a convicted felon at upcoming home games. [Tribune] The university recently filed a motion in bankruptcy court requesting that a judge... (Continue reading)

Moriarty takes 5-year prison sentence

Written on 4 Aug, 2014 in Daily Briefs, Featured | 17 comments

Grover Beach financier Al Moriarty has agreed to a plea deal in a multi-million dollar financial fraud case that will place him behind bars for five years. Moriarty, 81, owned and operated Moriarty Enterprises in Grover Beach from 2007 to... (Continue reading)

Moriarty gets a new lawyer

Written on 24 Mar, 2014 in Daily Briefs, Featured | 7 comments

Al Moriarty, the Grover Beach man accused of running a $22 million Ponzi scheme, was appointed a new lawyer after his former lawyer had his law license suspended. Moriarty is accused of placing nearly $10 million of investor funds in... (Continue reading)

Formerly jailed attorney fails to lower Moriarty’s bail

Written on 25 Oct, 2013 in Daily Briefs, Featured | 7 comments

Santa Maria attorney Scott Whitenack, who met Grover Beach financier Al Moriarty in San Luis Obispo County Jail, failed in his bid Thursday to reduce Moriarty’s $5 million bail. San Luis Obispo County law enforcement officers arrested Whitenack three times... (Continue reading)