Prosecutors painted a picture of a scheme to commit fraud, but the defense argued the Live Well Financial founder had “good intent.”
Hild trial recap: First week dominated by guilty bond trader’s testimony
Law
Former Live Well execs to be sentenced after cooperation in Hild trial
The two men, who pleaded guilty to fraud charges over an alleged bond pricing scheme, are expected to take the stand against their former boss.
Hild trial begins today in Manhattan: ‘This is when the truth comes out’
His attorney said the founder of Live Well Financial, accused of a bond scheme and charged with fraud, is looking forward to his day in court.
The Docket: Local court roundup for 4.8.21
The chair of the Virginia Parole Board claims she was defamed in media reports and wants damages of $8 million. BizSense Pro members have access to the entire docket.
Chesdin Landing homeowners sue over assessments to fund golf course
The legal action contesting fees paid to support the community’s Lake Chesdin Golf Club is playing out as work gets underway on a new 80-home section.
Updated: Hild criminal trial to begin April 13 in Manhattan
Nearly two years have passed since the Live Well Financial founder was arrested over an alleged bond scheme that defrauded lenders.
Paper Source latest national retailer to file for bankruptcy in Richmond
The stationery chain, which has a shop in Carytown, is at least the eighth big out-of-town brand to seek protection in the local federal courthouse.
Former MGT Construction executive gets 27-month prison sentence
Patrick Lindsey pleaded guilty to conspiracy to commit wire fraud and bank fraud in an accounting scheme that toppled the 30-year-old construction firm.
Former MGT Construction employee to be sentenced in ‘Ponzi scheme’
Patrick Lindsey, who pleaded guilty to accounting fraud that caused the firm to implode, has asked to serve 12 months but prosecutors are seeking 27 months.
Radio giant Alpha Media ducks for cover with Richmond bankruptcy filing
It joins Guitar Center, J. Crew, Pier 1 Imports, Lord & Taylor, and many others that have filed Chapter 11 in Richmond over the last 12 months.