Former TV host Carlos Watson testified in his fraud trial, denying conspiring to deceive Ozy Media investors.

Former TV host Carlos Watson testified in his fraud trial, denying conspiring to deceive investors in his digital media start-up, Ozy Media. Watson claimed his company employed strategies to build partnerships, secure advertising revenue, and attract investors. The prosecution has called various witnesses, including prospective investors who claim Watson misled them to secure funding. Ozy Media collapsed amidst allegations of misrepresenting financial results, fundraising, and audience data to investors and lenders.