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Federal Grand Jury in Chicago Indicts Film Producer for Allegedly Defrauding Clients of More Than $100 Million

U.S. Department of Justice Press

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Jason Cloth, a Canadian film financier, was indicted by a federal grand jury in Chicago on charges of wire fraud and money laundering. Prosecutors allege he raised more than $100 million from investors by misrepresenting the use of funds and diverting money intended for film projects to repay earlier investors.

JASON CLOTH allegedly obtained more than $100 million from investors based on false representations. ...

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🇺🇸U.S. Department of Justice Press
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Federal Grand Jury in Chicago Indicts Film Producer for Allegedly Defrauding Clients of More Than $100 Million

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🇨🇦The Globe and Mail

Canadian film financier Jason Cloth indicted for fraud in U.S.

🇺🇸The Hollywood Reporter

Producer Jason Cloth Indicted Over Alleged $100 Million Ponzi Scheme

🇨🇦CityNews Toronto

Canadian film financier Jason Cloth indicted on fraud charges in United States

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🇺🇸Washington Times

Film financier Jason Cloth indicted in alleged $100M Ponzi scheme tied to movie funding

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🇺🇸Variety

Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme

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