Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme

Jul 29, 2026 12:05pm PT Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme

By Gene Maddaus

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Gene Maddaus

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LONDON, ENGLAND - JANUARY 12: Jason Cloth attends the UK Premiere of Paramount Pictures' "Babylon" at BFI IMAX Waterloo on January 12, 2023 in London, England. (Photo by Jeff Spicer/Getty Images for Paramount Pictures)

Jeff Spicer/Getty Images for Par

Jason Cloth, a financier with executive producer credits on “Joker,” “Babylon,” and “Ghostbusters: Afterlife,” has been indicted in Chicago on allegations that he ran a $100 million Ponzi scheme.

Cloth, 60, faces seven counts of wire fraud for allegedly lying to investors about how their money would be used. According to the indictment, he took money intended for a film project and a gaming platform and used it to pay off investors in a Canadian real estate project.

Jason Cloth, ‘Babylon’ and ‘Joker’ Financier, Indicted in Alleged $100 Million Ponzi Scheme

Gene Maddaus

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