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Mar 6, 2024 · Cloth is accused by Cook County investors of operating a Ponzi-style investment scheme that pays existing financiers with money collected from new ones. ABC7 Chicago is now streaming 24/7....
May 14, 2024 · Tue, May 14, 2024, 6:26 PM 6 min read. Jason Cloth, a Canadian financier with executive producer credits on dozens of films such as Joker, Licorice Pizza and the upcoming Mission: Impossible...
The suit accuses Cloth of operating a Ponzi scheme, using investor money to pay off other investors, and paying out "whatever he felt like whenever he felt like regardless of the success or...
May 8, 2024 · Jason Cloth, who is working on the upcoming installments of “Mission: Impossible,” “RoboCop” and “Legally Blonde,” must repay investors $6.6 million in compensatory damages and $13 million in punitive damages for his fraudulent misrepresentations, a U.S. District Court for the Southern District of Florida jury ruled in its verdict ...
- aebert@bloombergindustry.com
- Senior Correspondent
Mar 7, 2024 · By Jonathan Bilyk. Mar 7, 2024. A new class action lawsuit is demanding Hollywood movie financier Jason Cloth and an accused Chicago area intermediary pay more than $180 million to repay investors who accuse him of operating a Ponzi scheme that have allegedly allowed Cloth to grab film credits and continue a "lavish lifestyle," while leaving ...
May 13, 2024 · Jason Cloth, a Canadian financier with credits on dozens of films including "Babylon" and "Joker," was hit with a $19.6 million verdict last week after failing to appear at a fraud trial in West Palm Beach, Fla. A seven-member jury found that Cloth defrauded an investor on "The Pathway," a TNT docuseries about the NBA draft, out of $6.6 million.
Oct 21, 2021 · Hudson Private LP of Pearl River accused acclaimed producer Jason Cloth, his Creative Wealth Media Finance Corp. and Bron Studios USA of misusing Hudson’s investment, in an Oct. 6 complaint...
