The former Live Well Financial CEO has scored a legal victory and will remain on bond and out of prison for the foreseeable future while appealing his fraud conviction and related 44-month sentence.
Hild wins bid to remain free during appeal process
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Bank of America eyes new from-scratch branch across from Willow Lawn
The banking giant would purchase and raze the long-vacant former Hardee’s building, which sits across from competitor Chase Bank’s Willow Lawn outpost.
Michael Hild begins appeal process to stave off conviction, 44-month sentence
Court documents show the former Live Well Financial CEO plans to appeal on the grounds that the judge in his case erred in denying his request for a new trial in December.
Next stop in Virginia Credit Union’s city expansion plan: Church Hill
The branch next to the Market @ 25th grocery store will mark the $5 billion credit union’s fourth new branch in the city in about a year.
Former CarLotz, Need Supply CEOs launch new startup in Richmond
Michael Bor and Chris Bossola aim to create a high-touch, private school-style alumni services and asset management company to help form endowments for U.S. public high schools.
CarLotz owner closes Midlothian store, hands Broad St. spot to rival dealership
While the Midlothian CarLotz location is shuttered, the Broad Street store has been taken over by HoneyCar, an up-and-coming dealer based in Winchester, Virginia.
Merged accounting firms find new digs in Innsbrook
Kimble CPAs and Northern Virginia-based KWC have capped off their merger by consolidating their two local offices into one.
Pennsylvania bank latest to bring branch to Scott’s Addition
The neighborhood continues its streak as the local hotspot for new bank branches, this time with a $26 billion bank looking to set up shop along Broad Street.
‘Not all good and not all bad’: Hild sentenced, remains free while fighting restitution
Friday’s sentencing hearing included a choked-up Hild addressing the court, apologizing to his former employees, his wife and even the city of Richmond.
Breaking News: Michael Hild sentenced to 44 months for Live Well bond scheme
The founder and former CEO of Chesterfield-based Live Well Financial remains free on bond for at least 90 days. His sentence was far below the 15 years requested by federal prosecutors.