Tricolor Holdings, a Dallas-based chain of used-auto dealers, filed for Chapter 7 bankruptcy protection on Wednesday. The liquidation plan was filed in U.S. Bankruptcy Court in Dallas. It lists ...
Founder Daniel Chu and the company's Chief Operating Officer David Goodgame, who were arrested and charged with bank fraud and wire fraud on Wednesday, planned to frighten at least one lender into a ...
PHOENIX – A new automotive reconditioning facility that aims to provide for underserved Hispanic communities officially opened its doors in Surprise. Tricolor, a used automotive retailer, cut the ...
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(Reuters) -U.S. regional bank Fifth Third Bancorp reported a 14% jump in third-quarter profit on Friday on the back of robust fee income, but booked a $178 million loss related to the bankruptcy of ...
NEW YORK (AP) — 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, ...
HOUSTON — A day after KHOU 11 first reported on Tricolor Auto’s bankruptcy, more customers are coming forward with concerns about the Texas-based auto lender’s sudden collapse. Just last year, George ...
Tricolor is continuing to leverage securitizations to have the resources it needs to specialize in the Hispanic and other underserved markets and operate 65 retail centers within 22 cities in Texas, ...