Defunct News Startup Ozy's CEO Convicted Of Conning Investors To Keep Company Afloat

  • 📰 HuffPostCanada
  • ⏱ Reading Time:
  • 27 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Media News

Crime,Conspiracy,Ozy

Former cable TV host Carlos Watson was found guilty of financial conspiracy for deceiving investors and lenders about the cash-strapped company.

about Ozy Media, an ambitious startup that collapsed after another executive impersonated a YouTube executive to hype the company’s success.

Brooklyn federal prosecutors announced on X that a jury found Watson guilty of all three charges against him: conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft.Prosecutors alleged that Watson conspired to deceive investors and lenders in order to keep the cash-strapped company alive.

By entering your email and clicking Sign Up, you're agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 61. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines