Benjamin Dusing News Today

The embattled Richmond businessman faces a combined maximum of 115 years in prison on counts including securities fraud, mail fraud and bank fraud.

Michael Hild, former CEO of Live Well Financial, will have the chance to argue for an acquittal or new trial at a hearing on April 29, almost exactly one year after his conviction.

Michael Hild, former CEO of Live Well Financial, will have the chance to argue for an acquittal or new trial at a hearing on April 29, almost exactly one year after his conviction.

The former Live Well Financial CEO was to argue for an acquittal or new trial in his criminal case on March 8 but it was postponed at the last minute until April 29.

The former CEO of Live Well Financial seeks to blame his childhood friend-turned trial attorney for ineffective counsel as a reason to either overturn his conviction or get another chance to prove his innocence to a jury.

Edited by Chris Clow and the HousingWire Newsroom, RMD provides dedicated reverse mortgage news, insights and commentary.

Jury begins deliberations in Hild trial Richmond businessman Michael Hild’s future is being decided by 12 jurors in New York. Capping a final week of testimony that included him crying on the stand, Richmond businessman Michael Hild’s future now rests in the hands of 12 New Yorkers. Jury deliberations in the embattled local mortgage executive’s criminal fraud trial in Manhattan federal court begin today. The founder and former CEO of Chesterfield-based Live Well Financial, Hild faces five...

Hild trial week 2 recap: CFO grilled over details of bond fraud scheme April 26, 2021 Michael Hild’s federal criminal trial for charges of securities fraud, mail fraud and bank fraud is entering its third week in Manhattan. He is expected to take the stand in his own defense this week. ( BizSense file) The criminal fraud trial of Richmond businessman Michael Hild is headed into its third week, building up to the crescendo of Hild taking the stand to testify in his own defense. The prospect of...

Michael Hild expected to take the stand in his fraud trial By: Richmond BizSense and last updated 2021-04-26 10:14:39-04 NEW YORK -- The criminal fraud trial of Richmond businessman Michael Hild is headed into its third week, building up to the crescendo of Hild taking the stand to testify in his own defense. The prospect of Hild’s expected testimony was confirmed by his attorney, Benjamin Dusing, who discussed it with the prosecution and Judge Ronnie Abrams at the end of F...

Hild trial recap: First week dominated by guilty bond trader’s testimony April 19, 2021 Michael Hild’s federal criminal trial for charges of securities fraud, mail fraud and bank fraud is underway. ( BizSense file) While it’s Richmond businessman Michael Hild who’s on trial in Manhattan for criminal fraud charges, it was one of his former bond traders and alleged co-conspirators who got grilled last week during the case’s first week of testimony. Darren Stumberger, who has already ple...