Jason Cloth
Jason Cloth is the head of Creative Wealth Media, a Toronto-based company that raised over $500 million from investors for film and television projects. Recently, he has been in the news due to allegations from the Ontario Securities Commission, which claims that he misappropriated at least $70 million of investors' funds for undisclosed purposes, including loans to a real estate developer. Cloth has executive producer credits for prominent films like 'Joker' and 'Babylon'. His company, Creative Wealth Media Finance Corp., has entered bankruptcy proceedings, and he has previously faced legal issues related to fraud.
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Canada:
Jason Cloth, a Toronto financier, conducted a years-long scheme to misappropriate more than $70-million of investors’ funds.
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Canada:
Jason Cloth has been charged with seven counts of wire fraud in Illinois, where he’s accused of bilking clients out of more than US$100-million in what prosecutors are describing as a Ponzi scheme.
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Canada:
Jason Cloth is the head of Creative Wealth Media and is facing fraud allegations for misappropriating investors' funds.
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