USAO - New York, Southern News Update

Offices of the United States Attorneys

You are subscribed to USAO - New York, Southern news updates. This information has recently been updated, and is now available. CEO, CFO, COO Charged In Connection With Billion-Dollar Collapse Of Tricolor Auto 12/16/2025 07:00 AM EST United States Attorney for the Southern District of New York, Jay Clayton, Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation ("FBI"), Christopher G. Raia, and Special Agent in Charge of the New York Regional Office of the Federal Deposit Insurance Corporation's Office of Inspector General ("FDIC-OIG"), Patricia Tarasca, announced today the unsealing of an Indictment charging DANIEL CHU, the founder and former CEO of Tricolor Holdings LLC, with orchestrating a years-long financial crimes enterprise that defrauded multiple banks and other private credit providers.

---

You have received this e-mail because you have asked to be notified of changes to the Offices of the United States Attorneys website. GovDelivery is providing this service on behalf of the Executive Office for United States Attorneys, Department of Justice, 950 Pennsylvania Ave., NW · Washington, DC 20530 · 202-514-2000 and may not use your subscription information for any other purposes.

Manage your Subscriptions | Department of Justice Privacy Policy  | GovDelivery Privacy Policy

Follow the Offices of the United States Attorneys on Twitter: @USAttorneys