Film Producer Jason Cloth Indicted on Wire Fraud Charges in Connection With $100M Ponzi Scheme

Film producer Jason Cloth, who financed “Joker,” “Ghostbusters: Afterlife” and dozens of other movies, has been indicted by a federal grand jury on wire fraud charges in connection with what prosecutors say was a $100 million Ponzi scheme.

The indictment against Cloth, 60, was unsealed Tuesday in U.S. District Court in Chicago. Cloth was arrested the same day in Los Angeles, where he made his first court appearance, the U.S. Attorney’s Office for the Northern District of Illinois said.

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