Write For Us

Ozy Media CEO Carlos Watson ARRESTED on Fraud Charges

Sponsored Post Vitamin D2 Canada Persia
188 Views
Published
Ozy Media CEO Carlos Watson has been arrested and charged with securities fraud. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://www.wsj.com/articles/ozy-media-ceo-carlos-watson-arrested-after-a-former-executive-pleads-guilty-to-fraud-355e9f89

"Ozy Media and Chief Executive Carlos Watson were indicted on charges of repeatedly lying to investors and lenders about core aspects of the company’s business, a crippling blow to a once-promising startup that had early backing from big-brand advertisers and venture capitalists.

Mr. Watson was arrested Thursday morning in a Manhattan hotel. He is accused of falsifying information about Ozy’s financial performance and audience size, altering and fabricating contracts for some of its television shows and inflating its projected earnings, in an effort to secure tens of millions of dollars in investments and loans to offset the fledgling company’s mounting debt, according to an indictment unsealed Thursday. The U.S. attorney’s office in Brooklyn, N.Y., charged the company and Mr. Watson with conspiring to commit securities fraud and wire fraud. "

***

The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.

Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join


SUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/subscription_center?add_user=theyoungturks
FACEBOOK: ☞ http://www.facebook.com/TheYoungTurks
TWITTER: ☞ http://www.twitter.com/TheYoungTurks
INSTAGRAM: ☞ http://www.instagram.com/TheYoungTurks
TWITCH: ☞ http://www.twitch.com/tyt

???? Merch: http://shoptyt.com

❤ Donate: http://www.tyt.com/go

???? Website: https://www.tyt.com

????App: http://www.tyt.com/app

???? Newsletters: https://www.tyt.com/newsletters/


If you want to watch more videos from TYT, consider subscribing to other channels in our network:

The Watchlist https://www.youtube.com/watchlisttyt

Indisputable with Dr. Rashad Richey https://www.youtube.com/indisputabletyt

Unbossed with Nina Turner https://www.youtube.com/unbossedtyt

The Damage Report ▶ https://www.youtube.com/thedamagereport

TYT Sports ▶ https://www.youtube.com/tytsports

The Conversation ▶ https://www.youtube.com/tytconversation

Rebel HQ ▶ https://www.youtube.com/rebelhq

TYT Investigates ▶ https://www.youtube.com/channel/UCwNJt9PYyN1uyw2XhNIQMMA


#TYT #TheYoungTurks #BreakingNews

230223__TB02Ozy
Category
Europe
Tags
230223__TB02Ozy, News, Politics
Sign in or sign up to post comments.
Be the first to comment