Tricolor creditors seek probe into alleged collateral fraud, lender conduct

Dec 3 (Reuters) - Creditors of Tricolor Holdings have asked a U.S. bankruptcy judge to let them investigate what JPMorgan Chase and Fifth Third Bancorp knew about alleged fraud that led to the September collapse of the subprime auto lender and car dealership. In a Tuesday court filing, the Ad Hoc Activist Recovery Group, whose members hold more than $225 million of secured notes, said Tricolor's sudden shutdown and Chapter 7 liquidation proceeding left its lending, servicing and dealership operations in “co ...