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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 ...
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.
May 14, 2024 · Last week’s $19.6 million verdict stems from allegations that Cloth failed to repay $6 million in loans from Robert Harris’ Florida-based investment companies for the production of seven...
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 investors, including many from the ...
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 ...
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 a Oct. 6 complaint...
Canadian financier and producer Jason Cloth has stepped down as cohead of C2 Motion Pictures Group, the company he cofounded in 2022, amid ongoing allegations of fraud and a Florida court order to...
Beasley then locked himself inside his home for nearly four hours. During that standoff, Beasley repeatedly confessed to an FBI negotiator that the J&J Entities’ investment scheme was actually a Ponzi scheme that started in 2016 or 2017. 7.
The $19.6 million verdict against Cloth stemmed from accusations that he failed to repay $6 million in loans from Robert Harris' Florida-based investment companies.
Movie producer Jason Cloth and a Chicago-area investment brokerage are facing an $80 million proposed class action that was recently leveled in Illinois state court by an investor who says the...
