Episode Details

Jason Cloth, known for producing big hits like “Joker” and “Ghostbusters: Afterlife,” is now facing federal wire fraud charges after allegedly running a $100 million Ponzi scheme. Accused of骗 investors their money was going to film and gaming projects while secretly funneling funds into Canadian real estate and paying earlier investors, Cloth was arrested in LA and could face up to 20 years per count if convicted. The FBI is seeking to seize $12 million and urges potential victims to come forward. This isn’t his first rodeo — he’s been sued multiple times over film funding fraud and contract breaches, with securities regulators in Ontario previously accusing him of misusing $70 million of $500 million raised for entertainment projects.

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