Since he began his career in the mid-1950s, financier Al Moriarty has always used his Cal Poly connections to recruit clients. Last month, he pleaded no contest to seven counts of felony fraud.
According to his bankruptcy filing, more than a quarter of those who lost money to him had strong ties to the university, where Moriarty was revered as a sports Hall of Famer and loyal booster.
Roughly 10 percent were high school coaches. Some of the Cal Poly connections who lost money include:
• Eric Burdick, associate media relations director for athletics at Cal Poly, $380,000
• Dave Cantu, director of Cal Poly’s multicultural engineering program, $345,000
• Bill Dutton, former Cal Poly football player and coach, $31,000
• George Ikenoyama, honored both as a Cal Poly alumni and architecture professor, $206,000 • Don Oberhelman, Cal Poly’s athletic director, $70,000
• Sehon Powers, a retired Cal Poly graduate who once helped launch rockets while working in the aeronautical and space industry, $548,000
• Dick “The Tank” Mannini, former Moriarty teammate, coach at Stanford and member of Cal Poly’s Hall of Fame, $25,000
• Lyle Setencich, former Cal Poly head football coach, $25,000
• Mark and Mike Zohns, the only brothers to have won the Cal Poly Distinguished Teacher Award, $674,000 combined
High school sports coaches who lost money include:
• Steve DeRose, a Cal Poly graduate who heads the ag department at Arroyo Grande High School. He also has coached football and baseball at the school, $344,000
• Doug Hitchen, a former football coach whose name adorns Arroyo Grande High School’s football stadium, $186,000
• Jon Hitchen, former head football coach at Nipomo High School, $24,000
• Jon Huss, former Stanford tailback who coached Arroyo Grande High School to four section titles, $322,000
• Dale Overland, former San Luis Obispo High School baseball coach, $60,000
• Dan Pry, a member of the state’s wrestling Hall of Fame and Cal Poly graduate, who coached Atascadero High School wrestling teams to 10 league championships before retiring, $49,000
• John Rubcic, a former Cal Poly baseball player, went on to coach football, baseball and golf at Righetti High School (Rubcic passed away in April.) $21,000
• Jim Stecher, a former principal, district superintendent and current girls basketball coach at Atascadero High School, $15,000
Source: Figures are from Al Moriarty’s bankruptcy documents.