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Producer Jason Cloth Indicted Over Alleged $100 Million Ponzi Scheme

Federal prosecutors accuse Cloth of diverting funds meant for films and TV shows to other purposes,...

ENTERTAINMENT July 29, 2026

Producer Jason Cloth Indicted Over Alleged $100 Million Ponzi Scheme

Federal prosecutors accuse Cloth of diverting funds meant for films and TV shows to other purposes, including to repay prior investors.

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Federal prosecutors accuse Cloth of diverting funds meant for films and TV shows to other purposes, including to repay prior investors.

Author: The Hollywood Reporter

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