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The Docket: Local court roundup for 12.14.23 - Richmond BizSense

The executor of a prominent Richmonder’s estate says an insurance group committed fraud, and seeks $10 million in damages. (BizSense Pro required)

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Parking Minimums on the Chopping Block in Richmond, Virginia

Richmond, Virginia has decided to study the idea of removing parking minimums to lower the cost of housing and make more efficient use of land in the city.

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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 cooperated with the U.S. government in a bid to get lighter sentences.

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Live Well Financial CEO used Lenders 'Like an ATM,' U.S. says

Live Well Financial CEO used Lenders 'Like an ATM,' U.S. says
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