CBC·3 min read·medium
Canadian film financier Jason Cloth faces fraud charges in U.S.
✦AI Summary
Hollywood producer Jason Cloth has been arrested and indicted in the U.S. on fraud charges involving over $100 million in investor funds. The indictment alleges he misled investors about film and gaming projects while diverting money for personal use and real estate.
The 60-year-old Hollywood producer, whose credits include Joker and A Simple Favor , was indicted by a federal grand jury and arrested in Los Angeles on Tuesday, according to the U.S. Attorney's Office, Northern District of Illinois.
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