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Ozy Media Founder And CEO Carlos Watson Found Guilty Of Fraud, Faces Up To 37 Years In Prison
A Brooklyn jury today found Ozy Media founder and CEO Carlos Watson guilty of securities fraud, identify theft and other charges.
The verdict marks the end of a two-month trial for Watson, who founded the digital news and lifestyle startup in 2012. It seemed to be doing fairly well, a façade that exploded in 2021, when an article in the New York Times revealed that Ozy co-founder and chief operating officer Samir Rao had misrepresented himself on a call with Goldman Sachs by pretending to be a YouTube executive, Alex Piper. The executives lied to Goldman Sachs, saying giant YouTube wanted to buy the rights to The Carlos Watson Show.
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