San Luis Obispo County developer accused of bribery, denied bail again

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San Luis Obispo County developer accused of bribery, denied bail again
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By KAREN VELIE Correction: Attorneys Roy Ogden and John Fricks were mentioned in emails, documents regarding an insurance policy, however, they were not

Correction: Attorneys Roy Ogden and John Fricks were mentioned in emails, documents regarding an insurance policy, however, they were not the sender nor recipient of the emails.

Claiming he is indigent, Wright secured a public defender who is actively trying to get his client out on bail. In the request for bail, Belsher argued he has held $100,000 of money for Wright since Sept. 2023. Prosecutors also argued that some of the bail funds appeared to be tied to alleged fraud against investors.

In exhibits filed in support of denying bail, emails between attorney Anne Cyr and insurance agent Mark K. Balaban discuss Wright’s plan to secure an insurance policy and to provide the information to attorneys Roy Ogden and John Fricks, whose firm paid the first installment on the policy.“As you know, we now have approval for Belsher life insurance .

Wright’s first attempt for release on bail in 2023 failed after prosecutors found issues with several people who were offering to post portions of his bond, including Anne Cyr, Wright’s trust attorney. Cyr has refused to comply with a subpoena from the government to obtain billing records and trust documents related to the trust in which Wright is a beneficiary.

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