‘Joker’ & ‘Longlegs’ Producer Jason Cloth Charged In $100M Ponzi Scheme

Jason Cloth, a producer for films like Joker, Longlegs, and Babylon, faces federal fraud charges for allegedly operating a Ponzi scheme. Prosecutors claim the Beverly Hills resident used Canada-based Creative Wealth Media Finance Corp to defraud investors of over $100 million. Cloth is accused of diverting funds intended for television shows and films to other purposes, including the repayment of previous investors. He now faces the possibility of spending decades in prison for these crimes.