The U.S. Securities and Exchange Commission has accused a Massachusetts subprime auto lending company and three of its executives of fraud, alleging that they misled investors about lending activities and diverted millions of dollars in investor funds.
Named in the civil complaint were Inofin Inc. of Rockland, Mass.; its president, Michael Cuomo of Plymouth, Mass.; CEO Kevin Mann of Marshfield, Mass.; and COO Melissa George of Duxbury, Mass.