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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
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thestar.com
Canadian Hollywood financier Jason Cloth arrested and charged with wire fraud
Cloth, 60, was charged with seven counts of wire fraud in an indictment unsealed in a District Court in Chicago.
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variety.com
Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme
Jason Cloth, a veteran film financier with credits on 'Joker' and 'Babylon,' has been indicted on seven counts of wire fraud.
