Entertainment

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

Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme
Image: variety.com

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 to the indictment, he took […]

This is a preview from the original publisher. Continue reading at the source:

Read Full Article on variety.com →

More News