Tricolor Liquidator to Engage Financial Adviser After Car Lender’s Collapse

The financial adviser is expected to examine allegations of fraud surrounding Tricolor’s sudden failure.

Alan Childs sentenced in Morris Bank fraud case involving $3M loans

Alan Childs approved millions in unapproved loans, leading to a prison sentence after prosecutors detailed his role in a widespread bank fraud scheme.

Middlesex Co. Biz Owner Gets Over 3 Years In Prison For $3.2M Federal Fraud

MIDDLESEX COUNTY, NJ — A Middlesex County business owner was sentenced to 41 months in prison for fraudulently obtaining over ...
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Subprime Auto Lender Goes Bankrupt—Fraud Alleged, Cars Repossessed

The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, ...
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Behind on student loans? Steps to avoid default and protect your credit

The day you miss a payment, your loan is considered delinquent. After 90 days, it’s reported to the credit bureaus, hurting your credit score. And if the delinquency continues, it can tip into default ...