A Former MSNBC Host, Carlos Watson, Is Convicted of Fraud Over Ozy Media, Buzzy Startup That Was All a Lie
The founder of Ozy Media, Carlos Watson, provided false information about his company’s finances and audience size to investors as well as fake earnings projections and contracts.
The founder of Ozy Media, Carlos Watson, was convicted of fraud Tuesday in a case where he was found to have lied to investors about his company’s finances and fake deals with Google and Oprah Winfrey. He faces as many as 37 years in prison, but is unlikely to get a sentence that long.
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