Tricolor Trustee Is Probing Fraud of ‘Extraordinary Proportion’

Tricolor Trustee Is Probing Fraud of ‘Extraordinary Proportion’



Tricolor Trustee Is Probing Fraud of ‘Extraordinary Proportion’
Bankrupt subprime auto lender Tricolor Holdings appears to have been a “pervasive fraud” of “extraordinary proportion,” a lawyer helping oversee its liquidation said in court Friday, underscoring the scale of the company’s alleged misconduct even as investigators continue to unravel its finances.


www.bloomberg.com
#Tricolor #Trustee #Probing #Fraud #Extraordinary #Proportion

Share: X · Facebook · LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *