Fraud Stories: The Tricolor Collapse

Overview

Fraud Stories: January 2026 examines the rise and collapse of Tricolor, a fast-growing subprime auto lender, to uncover how fraud can develop and persist within complex financial systems. Through a detailed case study, participants will explore how aggressive growth, weak internal controls and reliance on opaque lending structures enabled practices such as double pledging and data manipulation. The course highlights key warning signs, audit challenges and systemic risks in private lending and securitization markets, providing practical insights into how fraud can be detected, prevented and understood within real-world financial environments. Recorded January, 2026.