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Darren Stumberger will be the third Live Well executive to stand before Judge Ronnie Abrams for sentencing in a case related to a bond scheme that defrauded several lenders and sent the company into bankruptcy.
Live Well Financial's former portfolio manager will be sentenced in August after pleading guilty to a role in a bond fraud scheme in 2019.
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The former CFO of Live Well Financial will avoid prison time due to his guilty plea and cooperation with the government in the case.
Attorneys for the U.S. government and former Live Well CEO Michael Hild disagree on the amount of restitution to be imposed.