Live Well Financial CEO Michael Hild accused of orchestrating $140 million fraud scheme that led to lender's collapse

After Live Well Financial unexpectedly imploded in May, many questioned how the seemingly successful forward and reverse mortgage lender could have fallen so far, so fast. Well, now the other shoe has dropped. And it has dropped right on the head of Live Well CEO Michael Hild. Hild was arrested this week by federal authorities and charged with orchestrating a $140 million bond fraud scheme that led to the company’s collapse.
Source: HousingWire Magazine