Daniel Chu, founder and chief executive officer of Tricolor Holdings, center, departs federal court in New York, US, on Tuesday, Jan. 13, 2026.
- Daniel Chu, founder and chief executive officer of Tricolor Holdings, center, departs federal court in New York, US, on Tuesday, Jan
- 13, 2026
- US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in a sweeping indictment of the leadership of a used car dealer and financing company that collapsed in a wave of scandal in September
Daniel Chu, founder and chief executive officer of Tricolor Holdings, center, departs federal court in New York, US, on Tuesday, Jan. 13, 2026. US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in a sweeping indictment of the leadership of a used car dealer and financing company that collapsed in a wave of scandal in September.
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