San Luis Obispo County Superior Court
CPM along with co-counsel at the Ernst Law Group, represents a 70 year old widowed school teacher in an action for financial elder abuse against individuals involved in an alleged Ponzi scheme to take seniors' retirement funds. As alleged in the complaint, Albert (“Al”) Moriarty and his business Moriarty Enterprises conned the plaintiff out of her retirement savings by claiming that money borrowed would be used to make loans to school teachers and would be returned with 10% interest. Since CPM filed the complaint in August 2012, Al Moriarty has been arrested with a criminal complaint filed against him after investigation by the San Luis Obispo County District Attorney’s Office and California Department of Corporations, with help from the FBI and the California Department of Insurance.
