Monday Sep 15, 2025

Potentially massive fraud at Tricolor Holdings!

This episode reviews a series of articles from S&P Global Market Intelligence (subscription required) detailing the events of the last week as a potentially massive fraud was uncovered involving a subprime auto lender named Tricolor Holdings. The fraud is alleged because, as of yet, no criminal charges have been filed. The potential losses are currently rippling through multiple banks including JPMorgan and Fifth Third Bancorp.  

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