Ozy

Ozy
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Business

Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender

President Trump on Friday commuted the sentence of Carlos Watson, a co-founder of the now-defunct digital media company Ozy Media, on the day he was set to surrender to prison, three people familiar with the matter said. Mr. Watson was sentenced in December to almost 10 years in prison for trying to defraud investors and

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Ozy Media boss gets nearly 10 years in prison for fraud
U.S.

Ozy Media boss gets nearly 10 years in prison for fraud

The founder of Ozy Media, Carlos Watson, has been sentenced to nearly a decade in prison for lying about his once-trendy start-up in order to attract investors. Prosecutors said the ex-Goldman Sachs banker and former MSNBC host had orchestrated a years-long scheme that resulted in “tens of millions of dollars” of losses for investors. The

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