Cloth, 60, was charged with seven counts of wire fraud in an indictment unsealed in a District Court in Chicago.
Canadian Hollywood financier Jason Cloth has been arrested in Los Angeles after being charged for allegedly defrauding investors of more than $100 million in a Ponzi scheme.
Cloth, 60, was arrested on Tuesday and charged with seven counts of wire fraud in an indictment unsealed in a District Court in Chicago, according to a press release by the U.S. Department of Justice published Wednesday morning.
Canadian film financier Jason Cloth is facing fraud charges in Illinois, where he's accused of defrauding clients out of more…
Federal prosecutors accuse Cloth of diverting funds meant for films and TV shows to other purposes, including to repay prior…
Jason Cloth, a veteran film financier with credits on 'Joker' and 'Babylon,' has been indicted on seven counts of wire fraud.
Jason Cloth of Joker and The Green Knight diverted funds from entertainment investors toward his personal life
Jason Cloth diverted investor funds meant for films into a Canadian real estate project, prosecutors say.
Film producer Jason Cloth, known for financing movies like “Joker” and “Ghostbusters: Afterlife,” has been indicted on wire fraud…
Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme
