Carlos Watson sentenced to nearly 10 years for fraud in Ozy Media's investor deception case.
Carlos Watson, former host of Ozy Media, was sentenced to nearly 10 years in prison for wire fraud conspiracy. Watson and Ozy were found guilty of deceiving investors by inflating revenue and touting non-existent deals. Watson denies the allegations and plans to appeal, claiming he was a victim of selective prosecution. Ozy Media, founded in 2012, collapsed in 2021 after a New York Times exposé revealed deceptive practices.
4 months ago
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