2021: Ozy Media founder Carlos Watson faces federal trial for conspiracy to commit fraud.

Ozy Media founder, Carlos Watson, faces federal criminal trial for conspiracy to commit fraud charges as the company's downfall in 2021 highlighted doubts about its audience size, viability, and integrity. Watson and Ozy deny the charges, blaming co-founder Samir Rao for any misrepresentations, who has pleaded guilty to conspiracy to commit fraud and identity theft. The trial follows numerous other Silicon Valley companies' public and court reckonings.

June 13, 2024
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