CHICAGO — CIVC Partners, a Chicago-based private investment firm, recently joined with management and existing shareholders to acquire Honor Finance. In conjunction with this announcement, Honor ...
Oftentimes when a federal regulator charges after a subprime auto finance company, it’s the Consumer Financial Protection Bureau or the Federal Trade Commission doing the investigations and handing ...
James Collins, who ran a now-defunct Evanston-based subprime auto lender, has been indicted on multiple federal charges of defrauding a bank of more than $50 million. Honor Finance—Collins, 53, of ...
In the mid-1990s, James Collins was senior vice president of sales at Lake Forest-based Mercury Finance, then a high-flying lender to subprime buyers of used cars that crashed and burned in 1998 amid ...
The former CEO of an Evanston subprime auto lender has been indicted on federal fraud charges for allegedly submitting false reports on the status of thousands of loans, which were bundled to back a ...
Multiple top officers at Honor Finance, an Evanston-based auto lender, were indicted on federal fraud charges last week after allegedly diverting $5.3 million to a GPS company they owned. The ...
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