Federal prosecutors are indicting executives at Tricolor Holdings – a recently bankrupted U.S. subprime auto lender – alleging they deceived bank lenders by double-pledging collateral and manipulating loan data. The indictment alleges that the misconduct contributed to hundreds of millions of dollars in losses at major financial institutions.
Tricolor Executives Charged Following Subprime Auto Lender Collapse
Published on December 19, 2025
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