Ozy Media's Carlos Watson Found Guilty on All Three Counts in Brooklyn Fraud Trial

Jul 16, 2024, 06:17 PM

Carlos Watson, the founder and former CEO of Ozy Media Inc., has been found guilty on all three counts in a multi-million dollar fraud scheme. A Brooklyn federal jury convicted Watson of fraud and identity theft, accusing him of lying to investors and banks about the now-defunct startup's finances and engaging in sham deals with Google and Oprah Winfrey. The case also featured allegations that Watson coached his co-founder to impersonate a YouTube executive to secure funding from Goldman Sachs. The verdict marks a significant downfall for Watson, who was once a prominent media figure and TV host.