RICHMOND, Va. --By the estimation of federal prosecutors, the reverse mortgage bond scheme perpetrated by Michael Hild and others at Live Well Financial spanned nearly four years between 2015 to 2019. And in sentencing Hild on Friday at a hearing in federal court in Manhattan, Judge Ronnie Abrams latched onto that timespan, reasoning that it made sense for the duration of the disgraced CEO’s prison stint to mirror the length of the crime: 44 months. Click here to continue reading on Richmond BizSense.
He apologized in court. Then a judge sentenced Michael Hild to prison.
Posted
and last updated
Copyright 2023 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Entertainment
Watch 'The Jennifer Hudson Show' weekdays at 3 p.m. on CBS 6!
📱 Download CBS 6 News App
The app features breaking news alerts, live video, weather radar, traffic incidents, closings and delays and more.