Ozy Media CEO Carlos Watson Convicted of Fraud

1 min read
Source: The Verge
Ozy Media CEO Carlos Watson Convicted of Fraud
Photo: The Verge
TL;DR Summary

Carlos Watson, cofounder of Ozy Media, was found guilty of fraud by a federal jury for misleading investors with falsified financial records and inflated audience numbers. Watson faces up to 37 years in prison, while his cofounder Samir Rao, who previously pleaded guilty to related charges, awaits sentencing.

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