‘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

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

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.

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.

Canadian Hollywood financier Jason Cloth arrested and charged with wire fraud  Toronto Star