The Guardian

Ozy Media co-founder gets nearly 10 years in prison in financial conspiracy case

Ozy Media co-founder gets nearly 10 years in prison in financial conspiracy case



Former talk show host Carlos Watson and now-defunct startup found guilty last summer of wire fraud conspiracyFormer talk show host Carlos Watson was sentenced on Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-til-you-make-it startup culture.So extreme that another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers – while Watson coached him, prosecutors said. Continue reading…



Source link : https://www.theguardian.com/us-news/2024/dec/16/ozy-media-co-founder-carlos-watson-sentenced

Author : Associated Press

Publish date : 2024-12-16 21:28:05

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