Tricolor Execs Accused Of Securities Fraud By SEC

By Ben Zigterman · August 18, 2026, 9:07 PM EDT

The U.S. Securities and Exchange Commission on Tuesday sued the founder of bankrupt subprime auto lender Tricolor Holdings and two of its executives, accusing them of double pledging collateral and misrepresenting...

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Documents

Case Information

Case Title

Tricolor Holdings, LLC

Case Number

3:25-bk-33487

Court

Texas Northern

Nature of Suit

Date Filed

September 10, 2025


Case Title

USA v. CHU

Case Number

1:25-cr-00579

Court

New York Southern

Nature of Suit

Date Filed

December 15, 2025


Case Title

United States Securities and Exchange Commission v. Chu et al

Case Number

1:26-cv-07041

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

August 18, 2026