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SEC alleges executives fueled fraud at major subprime auto lender Tricolor

SEC alleges executives fueled fraud at major subprime auto lender Tricolor
Photo: KVIA ABC-7 · view original

By Samantha Delouya, CNN (CNN) — The $1.9 billion collapse of subprime auto lender Tricolor last year was fueled by a multiyear fraud involving its executives, the Securities and Exchange Commission alleged in charges announced Tuesday. Texas-based Tricolor, which went bankrupt in September 2025,...

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