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Live Well Financial is under investigation by the U.S. Securities and Exchange Commission and the bank fraud division of the FBI, according to court documents.

Three creditors of the former Chesterfield County-based mortgage lender claim the company is under the federal investigations and also allege mismanagement of the company by Live Well Financial founder and CEO Michael C. Hild. They cite these claims as reasons why a judge in the U.S. Bankruptcy Court in Delaware should appoint an interim trustee.

“Live Well actively has concealed its activities and financial information from the petitioning creditors despite its contractual obligations; it is the subject of ongoing SEC and FBI investigations; it has shut down and is liquidating with no supervision; Live Well and Mr. Hild allegedly have facilitated payments for the benefit of Mr. Hild to the detriment of Live Well’s creditors,” according to documents filed with the U.S. Bankruptcy Court in Delaware.

These claims, the three creditors said, support the need for immediate appointment of an interim trustee.