Search results
- The investors filed a class action lawsuit Tuesday against producer Jason Cloth alleging the Canadian man is a Hollywood con artist. Cloth is accused by Cook County investors of operating a Ponzi-style investment scheme that pays existing financiers with money collected from new ones.
abc7chicago.com › north-shore-il-jason-cloth-ponzi-scheme-babylon › 14494172
People also ask
Is cloth a Ponzi scheme?
Who is Jason Cloth?
Was 'Mission Impossible' a Ponzi scheme?
How much money is cloth in a class action lawsuit?
May 13, 2024 · In the Chicago case, filed in March, Cloth is accused of working with two salesmen to solicit investments in a series of film projects. The suit accuses Cloth of operating a Ponzi scheme, using ...
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...
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 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 Wednesday.
May 15, 2024 · The Wrap · Alberto E. Rodriguez/Getty Images. Jacob Bryant. Tue, May 14, 2024, 9:08 PM 2 min read. Canadian financier and producer Jason Cloth has stepped down as cohead of C2 Motion Pictures...
Law360 (March 6, 2024, 5:54 PM EST) -- Movie producer Jason Cloth and a Chicago-area investment brokerage are facing an $80 million proposed class action that was recently leveled in Illinois...
