Al Moriarty isn’t going anywhere any time soon. The 80-year-old businessman accused of fraud and embezzlement will remain in SLO County Jail with bail set at $5-million. He has pleaded not guilty to the charges.
His name continues to adorn the scoreboard at Cal Poly’s Spanos Stadium. Cal Poly officials aren’t commenting on whether or not his ad will remain. Moriarty donated $600,000 to fund the scoreboard.