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A Tricolor dealership in Mesa

Executives at subprime auto lender Tricolor face fraud charges following bankruptcy

By Chris Isidore, CNN (CNN) — Federal prosecutors have charged top executives at the subprime auto lender Tricolor with conspiring to defraud lenders and investors of the now-bankrupt company. Tricolor, which went out of business in September, specialized in offering loans and selling used cars to buyers without Social Security numbers or credit histories, often

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Warner Bros. Studios in Burbank

Warner Bros. Discovery advises shareholders to reject Paramount’s offer. But the battle isn’t over

By Brian Stelter, CNN (CNN) — Warner Bros. Discovery is officially rejecting Paramount’s buyout offer, calling it “illusory” and arguing that the existing plan to sell most of the media company to Netflix is a better deal for shareholders. Warner, abbreviated as WBD, is the parent company of CNN. On Wednesday morning, the company filed

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Banks say business fraud is surging to record high in Mid-Missouri

Central Bank of Boone County, Central Bank of Audrain County and Central Bank of Moberly are sounding the alarm as business fraud incidents reach an all-time high this holiday season.

According to the banks, scammers are targeting businesses using publicly available information, including pandemic-era loan lists from the U.S. Paycheck Protection Program, to make fraudulent calls.

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