Live Well Financial CEO Michael Hild Convicted of Fraud over Inflating Value of Bonds as Collateral
Live Well Financial CEO Michael Hild Convicted of Fraud over Inflating Value of Bonds as Collateral Posted on 04/30/2021 VA-based Live Well Financial, Inc. was a privately-owned mortgage originator, servicer and investor, licensed in the United States to operate in 46 states. Michael C. Hild, the company’s CEO, was convicted of conspiring to inflate the value of bonds used as collateral for loans. Hild pleaded not guilty. Hild was found guilty by a federal jury in New York. Former Live Well Chief Financial Officer Eric Rohr and former head trader Darren Stumberger pleaded guilty and coopera...
Source: swfinstitute.org