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.

Bankers get taken out to the ballgame

MT baseball

A team of bankers and some of their clients got to play hooky last week and don baseball uniforms, caps and mitts in place of their usual suits and briefcases.

Local businessman found liable in fraud

Knoxville federal courthouse

A Richmond businessman and two of his local firms were found liable last week in what the SEC called a $7 million fraud and Ponzi scheme.

Roseland gets a thorn out of its side

The Roseland website

After a two-year slog through bankruptcy, a massive stalled development in Chesterfield can finally see a light at the end of the tunnel.

Richmonder’s Ponzi scheme trial underway

Knoxville federal courthouse

A Richmond businessman is on trial this week in Tennessee, more than two years after being accused of running an alleged $7 million Ponzi scheme through several of his local businesses.