NEWPORT BEACH, Calif. — A judge reduced bail Friday for a person facing multiple financial-related felony charges, but questions remain about whether the accused can afford release despite the reduction.
During a hearing Friday at the Harbor Justice Center in Newport Beach, Judge Derek G. Johnson considered arguments regarding bail and protective orders for a defendant facing multiple financial-related felony charges.
According to court records, the accused faces multiple counts, including theft from an elder exceeding $950, grand theft and money laundering derived from criminal activity…