A sprawling subprime auto group has collapsed into bankruptcy after lenders uncovered what they describe as a $200 m fraud, ...

NEW YORK (AP) — The founder of Tricolor Holdings led other top executives of the subprime auto lender on a seven-year campaign to defraud its largest lenders out of nearly a billion dollars, ...

This story was produced by Amy Kang and distributed by Next Net. Auto dealer fraud happens when unscrupulous sellers try to cheat buyers. This can include giving incorrect car histories, rolling back ...

NASHVILLE, Tenn. (WSMV) - The U.S. Attorney’s Office has announced the conviction of a former Nashville car dealer in connection with a $26 million fraud scheme. Mark Janbakhsh, 49, of Brentwood, was ...