Newport Beach police called him a killer. So why has he been set free?
Briefly

After reopening the investigation into a 1983 homicide, Newport Beach police arrested Michael Larry Manatt, but now the District Attorney's office lacks evidence to proceed with charges.
Despite the Newport Beach Police Department's announcement of Manatt's arrest, the Orange County District Attorney’s office has received no case file and does not anticipate any charges.
Read at Los Angeles Times
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