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Former Austin wealth manager, witnesses to face California judge Thursday in sex assault case
(Monterey County)

David Walter Osborne is facing charges in California.

More than a year after a former Austin financial adviser was arrested on sexual assault charges stemming from a luxury golf trip, a California judge on Thursday will, for the first time in open court, learn what evidence prosecutors have in the case against David Walter Osborne, accused of attacking a woman last year in Pebble Beach.


Osborne was accompanied on the May 2019 trip with two people investigators described only as "high-profile friends."

Attorneys have not said who the two friends are or whether they, or Osborne, would be called to testify—only that some witnesses would likely be traveling from Texas to tell their stories during the in-person preliminary hearing this week in Monterey County.

Monterey County Superior Court Judge Rafael Vazquez will hear testimony from investigators and witnesses to determine if the evidence against Osborne is strong enough to move the case to trial. That hearing had been postponed several times, most recently due to the pandemic.

The Monterey County courthouse began allowing jury trials in early June.

The hearing will be the first time investigators publicly share evidence they have collected on the charges of false imprisonment by violence, attempted forcible rape, assault with intent to commit a felony, and sexual penetration by a foreign object.

Few details have been released about the allegations, and police reports in active cases are protected from public records laws.

Defense attorney Lyn Agre, of San Francisco, told the judge during a court appearance in June that she planned to call several witnesses, including a lab expert for the hearing, which attorneys said could last up to four hours.

She also suggested at the time that witnesses could be flown in from Texas, where Osborne has been awaiting trial. Osborne is required to be at his preliminary hearing.

Monterey County authorities believe Osborne and his friends flew on a private jet in May 2019 and shared rooms at The Lodge at Pebble Beach, the upscale resort where the alleged incident occurred.

Osborne was jailed in Austin on May 21, 2019, after Monterey County Sheriff's deputies flew to Texas to arrest him at his Austin office. He posted bail the next day.

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