Former TV personality Carlos Watson has been convicted in a federal financial conspiracy case about collapsed startup Ozy Media.
Former TV personality Carlos Watson was convicted Tuesday in a federal financial conspiracy case 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 the social media platform 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.
“Survival within the bounds of decency, fairness, truth, it morphed into survival at all costs and by any means necessary,” Rao told jurors, saying that Watson had sanctioned all his falsehoods. Ozy gave much bigger revenue numbers to its prospective backers than to its accountants, with the discrepancy widening to $53 million versus $11.2 million for 2020, according to testimony and documents shown at trial.
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TV personality Carlos Watson testifies in his trial over collapse of startup Ozy MediaFormer TV host Carlos Watson has taken the witness stand in the criminal trial surrounding the collapse of his Ozy Media.
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TV personality Carlos Watson testifies in his trial over collapse of startup Ozy MediaFormer TV host Carlos Watson has taken the witness stand in the criminal trial surrounding the collapse of his Ozy Media.
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