JOKER MONEY MAN INDICTED IN $100M SCAM
Hollywood financier Jason Cloth — the money man behind Joker and Ghostbusters: Afterlife — has been hit with a federal indictment accusing him of running a $100 million Ponzi scheme that prosecutors say diverted investor cash from film and game projects into other uses, including a Canadian real estate deal and payments to earlier backers. The 60-year-old was arrested in Los Angeles after the charges were unsealed in Chicago, where he faces seven counts of wire fraud and a possible 20 years on each count, with prosecutors also seeking to claw back more than $12 million.
Ford was a prominent American industrialist and innovator of mass production via the assembly line. His introduction of the Model T automobile revolutionized transportation and made car ownership affordable to many. Though controversial, Ford was undeniably one of the most influential men of the 20th century. He instituted an eight-hour workday in his factories and paid his workers relatively well but also strenuously opposed labor unions. Whom did he employ to intimidate union organizers?
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