‘Joker’ Producer Charged in Alleged $100 Million Ponzi Scheme Targeting Film InvestorsEnglish 日本語한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañolA Hollywood producer behind films including Joker and The Green Knight has been charged with operating what U.S. prosecutors describe as a $100 million investment fraud scheme that allegedly used film financing opportunities to attract investors before diverting the money for personal use and to repay earlier investors. Federal prosecutors in the Northern District of Illinois unsealed an indictment charging Jason Cloth with seven counts of wire fraud. Authorities also claim he used money from newer investors to satisfy obligations owed to earlier investors, a hallmark of an alleged Ponzi scheme. Such tactics are commonly cited in investment fraud prosecutions, where operators allegedly provide external explanations for delayed repayments while continuing to solicit additional capital. Prosecutors are also seeking forfeiture of at least $12.25 million that they allege is connected to the scheme.