Loss Executives Association

Tricolor Executives Charged With Fraud Over Subprime Lender’s Collapse

December 18, 2025

Federal prosecutors in Manhattan unsealed an indictment on Wednesday charging executives of bankrupt Tricolor with systematically defrauding creditors ahead of the subprime lender’s billion-dollar collapse. Tricolor CEO and founder Daniel Chu and former Tricolor chief operating officer David Goodgame were …

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