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Tricolor's founder Daniel Chu and former COO David Goodgame have both entered not guilty pleas to conspiracy charges. They're accused of defrauding lenders and investors connected to the now-bankrupt subprime auto lending firm. The case centers on allegations of coordinated wrongdoing aimed at deception within the financial sector. Both executives deny the allegations. This development marks another chapter in ongoing investigations into the company's operations and how it handled investor and lender relationships during its operations.