Prosecutors painted a picture of a scheme to commit fraud, but the defense argued the Live Well Financial founder had “good intent.”
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.
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 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.
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.
Nearly two years have passed since the Live Well Financial founder was arrested over an alleged bond scheme that defrauded lenders.
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.
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.
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.
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.