SEC Sues Subprime Auto Finance Company
Inofin, a subprime auto finance firm, “illegally raised at least $110 million from hundreds of investors” by lying about itself, the SEC says. Click headline to see additional defendants.
Also sued in Federal Court are Inofin president Michael J. Cuomo, CEO Kevin J. Mann Sr., COO Melissa George, registered investment representative Thomas Kevin Keough, and tax attorney David Affeldt.
about 11 months ago
Do not forget Mike Brooks their top Sales Manager who
hired sales persons for the exclusive purpose of lying
to dealers in order to steal money from them and
their retail buyers. If you did not lie to the dealer and
retail customer, you got fired ! They took advantage of
everybody, not just the investors. They bragged about
grossing $5,000 per car and then turned around and
stole the money from dealers, retail customers, employees and investors. Inofin is a total scam in all
aspects of the industry both horizontally and vertically.