RPD hosting community walk in the Museum District Tuesday evening

UPDATE: Feds plan to try and seize properties, businesses owned by Manchester developer Michael Hild in fraud case

August 30, 2019 RVAHub Staff

The scheme allowed Live Well to grow its bond portfolio exponentially, from approximately 20 bonds with a stated value of $50 million in 2014 to approximately 50 bonds with a stated value of $500 million by the end of 2016.  In May 2019, in conjunction with an effort to wind down the company, Live Well wrote down the value of its portfolio by approximately $141 million.

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