SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor

Lynx 摘要

The SEC charged three former executives of Texas-based Tricolor Holdings, LLC with fraud linked to the subprime auto lender’s $1.9 billion collapse. The charges allege a scheme spanning multiple years involving former chief executive Daniel Chu, former chief financial officer Jerome Kollar and former senior finance director Ameryn Seibold.