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Jul 10, 2024 · In 2021, a jury convicted Michael Hild of securities fraud, wire fraud, and bank fraud, as well as conspiring to do so. His conviction stemmed from his role in a multi-year scheme to inflate the prices of “interest only” bonds that secured a windfall for Live Well Financial, where Hild was the chief executive and largest shareholder.
Apr 30, 2021 · The trial of Michael C. Hild — the former CEO of defunct reverse mortgage lender Live Well Financial — for an alleged bond fraud scheme has concluded in the Southern District Court of New York...
Aug 29, 2019 · Manhattan U.S. Attorney Geoffrey S. Berman said: “As alleged, Michael Hild orchestrated a scheme to deceive Live Well’s lenders by fraudulently inflating the value of its mortgage-backed bonds by over $140 million.
Jan 22, 2023 · SDNY EXCLUSIVE, Jan 21 – Michael Hild was arraigned for fraud on Live Well Financial's reverse mortgages and home equity conversion mortgages by U.S. District Court for the Southern District of New York Judge Ronnie Abrams on September 5, 2019. Inner City Press covered it, here.
Jul 10, 2024 · In 2021, a jury convicted Michael Hild of securities fraud, wire fraud, and bank fraud, as well as conspiring to do so. His conviction stemmed from his role in a multi-year scheme to inflate the prices of "interest only" bonds that secured a windfall for Live Well...
Live Well Financial Inc. founder and former Chief Executive Officer Michael C. Hild was sentenced to 44 months in prison for scheming to inflate the value of bonds the company used as collateral for loans.
Mar 14, 2024 · Michael Hild, who served as CEO of now-defunct reverse mortgage lender Live Well Financial, is seeking a one-year delay of a deadline to file a motion for a new trial based on what his attorney...
