Proof 1: as
(z_2-z_4)}{(z_2-z_3)(z_1-z_4)}\right)=\arg\left(\frac{z_1-z_3}{z_1-z_4}\right)-\arg\left(\frac{z_2-z_3}{z_2-z_2}\right))
( because
(z_2-z_4)}{(z_2-z_3)(z_1-z_4)}=\frac{z_1-z_3}{z_1-z_4}:\frac{z_2-z_3}{z_2-z_4})
) , from basic geometry
we get that

are on a circle iff the above is either the difference of two inscribed angles subtended on the same arc, and thus this difference is zero, or else
this is the difference of two inscribed angles subtended over complementary arcs and thus the difference is

(opposite angles of an quadrilateral inscribed
in a circle sum 180 degrees).
Proof 2: We use that the cross ratio is invariant under fractional transformations and that the cross ration is well defined if three points out of the four are distinct.
Now, the frac. trans.
:=\frac{(z-z_2)(z_3-z_1)}{(z-z_1)(z_3-z_2)})
maps

to

, resp., so
=<img src=)
z_1,z_2,z_3,z_4)" alt="T(z_4)=

z_1,z_2,z_3,z_4)" /> is real iff

lie on the circle (or on the
straight line) on which

lie
Tonio