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Tricolor Holdings founder Daniel Chu, who already faces federal criminal charges, and two other former executives were sued by the US Securities and Exchange Commission for allegedly defrauding investors before the used car seller and subprime lender imploded. The Wall Street regulator claims Chu, Jerome Kollar and Ameryn Seibold orchestrated a multi-year scheme to generate […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
