Prosecutors allege that executives at the chain of used car dealerships engaged in "a series of frauds directed at each of ...

U.S. Attorney Jay Clayton announces fraud charges against Daniel Chu, the founder of subprime auto loan company Tricolor Holdings, at the U.S. attorney's office in New York on Wednesday, Dec. 17, 2025 ...

Former Tricolor Auto executives face charges for fraudulent activities that contributed to the company's billion-dollar ...

Federal prosecutors filed criminal fraud charges against two top executives at Tricolor Auto, and two other executives have ...

This story was produced by Amy Kang and distributed by Next Net. Auto dealer fraud happens when unscrupulous sellers try to cheat buyers. This can include giving incorrect car histories, rolling back ...

Mark Janbakhsh, the former owner of the used car dealership chain Auto Masters, is accused of bank fraud and on trial for more than a dozen charges. Prosecutors and defense attorneys gave opening ...

HARRISBURG, PA — Lori Retus, 51, has been sentenced to four years of probation, including six months of house arrest, for her role in an elaborate auto insurance fraud scheme based in Cumberland ...

The founder of Tricolor Holdings led other top executives of the subprime auto lender on a seven-year campaign to defraud its largest lenders out of nearly a billion dollars, authorities said ...