Film financier Jason Cloth indicted in alleged $100M Ponzi scheme

Film producer Jason Cloth, who financed movies including 'Joker' and 'Ghostbusters: Afterlife,' has been indicted on wire fraud charges in connection with an alleged $100 million Ponzi scheme. The indictment, unsealed Tuesday in Chicago, claims Cloth solicited investor money for film projects but used funds for other ventures and to pay earlier investors. He faces up to 20 years per count.