Film Producer Jason Cloth Indicted on Seven Wire-Fraud Counts

Film Producer Jason Cloth Indicted on Seven Wire-Fraud Counts

Canadian film producer Jason Cloth was indicted on seven wire-fraud counts in the United States, and prosecutors are seeking forfeiture of more than $12 million, according to federal authorities. The charges follow earlier reports that Cloth, known for credits such as Joker and Longlegs, allegedly ran a $100 million Ponzi-style scheme, diverting investor money intended for film and TV projects.

Actors

Jason Cloth Creative Wealth Media FBI Chicago division Bron Studios

Locations

Los Angeles, California, United States Chicago, Illinois, United States West Palm Beach, Florida, United States Canada Cannes, France

Articles

July 29, 2026
5 total
Financier Jason Cloth Charged in Alleged $100 Million Investment Fraud
Financier Jason Cloth Charged in Alleged $100 Million Investment Fraud

The Hollywood Reporter • 29 Jul 20:39

Canadian producer Jason Cloth was indicted on seven wire-fraud counts for allegedly misusing more than $100 million raised for film and TV projects, with prosecutors seeking forfeiture of over $12 million.

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Film Producer Jason Cloth Charged with $100 Million Fraud Scheme
Film Producer Jason Cloth Charged with $100 Million Fraud Scheme

Deadline • 29 Jul 20:02

Producer Jason Cloth, known for credits such as Joker and Longlegs, was indicted on multiple fraud counts for allegedly running a $100 million Ponzi scheme.

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Hollywood producer Jason Cloth charged with $100 million investment fraud
Hollywood producer Jason Cloth charged with $100 million investment fraud

ABC7 Los Angeles • 29 Jul 19:29

Federal prosecutors in Illinois indicted Beverly Hills-based film producer Jason Cloth on seven wire-fraud counts, alleging he misled investors and misappropriated more than $100 million.

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Film financier Jason Cloth indicted on seven wire-fraud counts in alleged $100 million scheme
Film financier Jason Cloth indicted on seven wire-fraud counts in alleged $100 million scheme

Variety • 29 Jul 19:05

Veteran producer Jason Cloth was arrested in Los Angeles after a Chicago grand jury charged him with seven counts of wire fraud tied to a purported $100 million Ponzi-type operation involving film and gaming investments.

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Hollywood producer Jason Cloth charged with wire fraud in alleged $100 million scheme
Hollywood producer Jason Cloth charged with wire fraud in alleged $100 million scheme

New York Post • 29 Jul 17:04

Canadian film financier Jason Cloth was arrested in Los Angeles on seven wire-fraud counts tied to a purported $100 million investment fraud involving movie and television projects.

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