📰 12 sources covering this story

Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme

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Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme
Fortune
Fortune2 hrs ago
Hollywood producer behind ‘Joker,’ dozens of other films indicted for $100 million Ponzi scheme
Jason Cloth diverted investor funds meant for films into a Canadian real estate project, prosecutors say.
Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding
Film producer Jason Cloth, known for financing movies like “Joker” and “Ghostbusters: Afterlife,” has been indicted on wire fraud charges
The Independent
The Independent16 hrs ago
Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding
Film producer Jason Cloth, known for financing movies like “Joker” and “Ghostbusters: Afterlife,” has been indicted on wire fraud charges
AP News
AP News16 hrs ago
Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding
Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding  AP News
The Mirror
The Mirror17 hrs ago
Major Hollywood producer arrested over alleged $100 million Ponzi scheme
Jason Cloth is accused of defrauding investors out of more than $100 million by using false promises to lure them into funding film projects and a gaming platform
'Joker' producer defrauded Illinois investors in $100 million Ponzi scheme, feds say
A Hollywood movie producer with credits on "Joker" and "Ghostbusters: Afterlife" was charged this week with running a $100 million Ponzie scheme that ensnared several Illinois investors, the Department of Justice announced. Jason Cloth, 60, of Beverly Hills, was arrested Tuesday in Los Angeles and appeared in court the
Hollywood producer charged with seven counts of wire fraud in $100m scheme
Jason Cloth of Joker and The Green Knight diverted funds from entertainment investors toward his personal life A federal grand jury in Chicago has charged the Hollywood producer Jason Cloth with seven counts of wire fraud for allegedly defrauding investors of $100m, according to federal authorities. Cloth, who has cre
Producer Jason Cloth Indicted Over Alleged $100 Million Ponzi Scheme
Federal prosecutors accuse Cloth of diverting funds meant for films and TV shows to other purposes, including to repay prior investors.
Deadline
Deadline20 hrs ago
‘Joker’ & ‘Longlegs’ Producer Jason Cloth Charged In $100M Ponzi Scheme
Jason Cloth, a film producer with dozens of credits including Joker, Longlegs and Babylon, is facing numerous federal fraud charges and decades in prison in connection with a Ponzi scheme that bilked investors of more than $100 million. Prosecutors say that Cloth, 60, of Beverly Hills, operated Canada-based Creative We
Variety
Variety20 hrs ago
Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme
Jason Cloth, a financier with executive producer credits on “Joker,” “Babylon,” and “Ghostbusters: Afterlife,” has been indicted in Chicago on allegations that he ran a $100 million Ponzi scheme. Cloth, 60, faces seven counts of wire fraud for allegedly lying to investors about how their money would be used. According
CTV News
CTV News22 hrs ago
Canadian film producer indicted for allegedly defrauding clients of more than US$100M in Ponzi Scheme
A Canadian film producer has been arrested and charged with seven counts of wire fraud after allegedly engaging in a Ponzi scheme by using US$100 million in investor funds to repay prior investors.
New York Post
New York Post🏁 first to report22 hrs ago
‘Joker’ producer snared in massive $100M Hollywood scheme — as his alleged dirty tricks are exposed
High-profile Hollywood financier and executive producer Jason Cloth has been arrested in LA following a federal grand jury indictment unsealed in US District Court in Chicago.