An SEC official involved in exposing alleged fraud by a subprime auto lender could not say if credit unions were victimized.
Kevin Kelcourse, an assistant director with the SEC's Boston regional office, said the agency cannot go beyond the complaint involving Inofin Inc., in identifying who was involved.
"We can't say whether or not credit unions were impacted by the operation of Inofin," said Kelcourse, who along with other officials conducted the SEC's investigation of the company.
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