Topic - Daniel Chu

Daniel Chu is an American businessman, and until October 2025, was the co-founder, majority owner and CEO of Tricolor, a sub-prime auto lender and used car retailer that collapsed amid fraud allegations in September 2025. - Source: Wikipedia

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U.S. Attorney Jay Clayton announces fraud charges against Daniel Chu, the founder of subprime auto loan company Tricolor Holdings, at the U.S. attorney's office in New York on Wednesday, Dec. 17, 2025. (AP Photo/Larry Neumeister)

Founder of bankrupt subprime auto lender Tricolor Holdings is charged with fraud

By Larry Neumeister - Associated Press