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1. • Canadian financier

     • Jason Cloth, a Canadian financier with executive producer credits on dozens of films such as Joker, Licorice Pizza and the upcoming Mission: Impossible movie, is out as co-head of C2 Motion Picture Group as he fields allegations of fraud on a number of projects.
     finance.yahoo.com/news/producer-jason-cloth-steps-away-222616911.html

     Producer Jason Cloth Steps Away From Company Amid Fraud ...

2. People also ask

   Who is Jason Cloth?

   • Jason Cloth, a Canadian financier with credits on dozens of films including “Babylon” and “Joker,” was hit with a $19.6 million verdict last week after failing to appear at a fraud trial in West Palm Beach, Fla. A seven-member jury found that Cloth defrauded an investor on “The Pathway,” a TNT docuseries about the NBA draft, out of $6.6 million.

   Producer Jason Cloth Ordered to Pay $19.6 Million After ... - Variety

   variety.com/2024/film/news/jason-cloth-fraud-trial-skip-ordered-pay-19-million-1235999082/

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   Who is cloth & why is he so popular?

   • With a string of box office successes to his name, Cloth has a record of understanding what audiences want. His biggest success was the 2019 film Joker starring Joaquin Phoenix as Batman’s nemesis.

   Film producer Jason Cloth: Making money from movies is all about tuni…

   www.ft.com/content/c1a873eb-930d-4cc5-bafd-5e36c09384b9

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   Is cloth a new company?

   • Cloth launched a new company, C2 Motion Picture Group, in 2022. On its website, the company says it has worked on “Mission: Impossible — Dead Reckoning Part One” and “Transformers: Rise of the Beasts,” among others. Cloth’s former attorney, William Fried, withdrew from the case in February due to unpaid legal bills.

   Producer Jason Cloth Ordered to Pay $19.6 Million After ... - Variety

   variety.com/2024/film/news/jason-cloth-fraud-trial-skip-ordered-pay-19-million-1235999082/

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   What happened to cloth & Creative Wealth?

   • Cloth’s company, Creative Wealth, defaulted on that claim, and Harris’ attorneys are seeking $6.9 million including interest. In the Chicago case, filed in March, Cloth is accused of working with two salesmen to solicit investments in a series of film projects.

   Producer Jason Cloth Ordered to Pay $19.6 Million After ... - Variety

   variety.com/2024/film/news/jason-cloth-fraud-trial-skip-ordered-pay-19-million-1235999082/

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   Why did cloth resign?

   • The announcement that Cloth stepped down, made on Tuesday, comes less than a week after a Florida jury found that he defrauded an investor out of millions of dollars for the production of a slate of movies, including Ghostbusters: Afterlife, Monkey Man and NBA docuseries The Pathway.

   Producer Jason Cloth Steps Away From Company Amid Fraud Allegations

   finance.yahoo.com/news/producer-jason-cloth-steps-away-222616911.html

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   Who is cloth and why does he love cinema?

   • Cloth has loved cinema for as long as he can remember. The son of a chartered accountant, he was born and raised in Toronto, studied finance and economics there at York University and landed his first job at an investment bank based in the city. He recalls getting “the itch to do something on my own”, much to the concern of his parents.

   Film producer Jason Cloth: Making money from movies is all about tuni…

   www.ft.com/content/c1a873eb-930d-4cc5-bafd-5e36c09384b9

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3. variety.com › 2024 › filmProducer Jason Cloth Ordered to Pay $19.6 Million After ...

   variety.com › 2024 › film

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   May 13, 2024 · Jason Cloth, a Canadian financier with credits on dozens of films including “Babylon” and “Joker,” was hit with a $19.6 million verdict last week after failing to appear at a fraud trial in...

4. www.ft.com › content › c1a873eb-930d-4cc5-bafd-5e36cFilm producer Jason Cloth: Making money from movies is all ...

   www.ft.com › content › c1a873eb-930d-4cc5-bafd-5e36c

   Oct 13, 2020 · Hit film producer Jason Cloth knows what can lift the spirits of cinema audiences depressed by the grim world of Covid-19. “People are afraid, they’re tired,” says the 54-year-old Canadian, who...

   • Author: Dalya Alberge

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6. finance.yahoo.com › news › producer-jason-clothProducer Jason Cloth Steps Away From Company Amid Fraud ...

   finance.yahoo.com › news › producer-jason-cloth

   May 14, 2024 · Jason Cloth, a Canadian financier with executive producer credits on dozens of films such as Joker, Licorice Pizza and the upcoming Mission: Impossible movie, is out as co-head of C2 Motion...

   • Author: Winston Cho

7. www.thewrap.com › jason-cloth-fraud-allegations-c2Producer Jason Cloth Steps Down From C2 Amid Fraud Allegations

   www.thewrap.com › jason-cloth-fraud-allegations-c2

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   Canadian financier and producer Jason Cloth has stepped down as cohead of C2 Motion Pictures Group, the company he cofounded in 2022, amid ongoing allegations of fraud and a Florida court order...

8. news.bloomberglaw.com › litigation › mission'Mission: Impossible' Producer Faces $20 Million Fraud Verdict

   news.bloomberglaw.com › litigation › mission

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   May 8, 2024 · Jason Cloth, who is working on the upcoming installments of “Mission: Impossible,” “RoboCop” and “Legally Blonde,” must repay investors $6.6 million in compensatory damages and $13 million in punitive damages for his fraudulent misrepresentations, a U.S. District Court for the Southern District of Florida jury ruled in its verdict ...

   • Email: aebert@bloombergindustry.com

   • Occupation: Senior Correspondent

9. finance.yahoo.com › news › producer-jason-clothProducer Jason Cloth Steps Down as Cohead of C2 Amid Fraud ...

   finance.yahoo.com › news › producer-jason-cloth

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   May 15, 2024 · Canadian financier and producer Jason Cloth has stepped down as cohead of C2 Motion Pictures Group, the company he cofounded in 2022, amid ongoing allegations of fraud and a Florida court order...

10. abc7chicago.com › post › investors-reach-settlementInvestors reach settlement in alleged Hollywood Ponzi scheme ...

    abc7chicago.com › post › investors-reach-settlement

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    Sep 24, 2024 · Court filings show a $60 million settlement was reached in a lawsuit against Hollywood producer Jason Cloth and investment advisor Sanford Schmidt.