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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 counts, including securities fraud, mail fraud and bank fraud, in connection with allegations of a ...

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 Hild’s expected testimony was confirmed by his attorney, Benjamin Dusing, who discussed it with t...

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 Friday’s proceedings after the jury had left for the day. Click here to keep reading on Richmond...

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 pleaded guilty for his role in the multi-million bond pricing scheme that toppled Hild’s now-bankrupt...