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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

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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

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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 summary comes from Variety. Read the full article at the original source.

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