H-SAN LUIS OBISPO

Oct 24, 2013 7:25 PM by Katherine Worsham, KSBY News

Moriarty bail reduction denied

Albert Moriarty, the Central Coast businessman charged with embezzlement and fraud, won't be getting out of jail any time soon.

A judge Thursday denied a bail reduction request, so Moriarty will remain in custody at San Luis Obispo County Jail on $5,000,000 bail.

Moriarty has pleaded not guilty to the charges against him.

He'll be back in court on October 30 for a preliminary hearing.

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