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Ozy Media CEO Carlos Watson charged with fraud in alleged fundraising scheme - TL;DR CNBC

Ozy Media CEO Carlos Watson charged with fraud in alleged fundraising scheme

Publishing timestamp: 2023-02-23 13:39:26


Summary

Ozy Media CEO Carlos Watson and former COO Samir Rao have been charged with fraud and identity theft by a New York grand jury. The company has been accused of inflating its financial performance and misrepresenting its audience numbers and investments. If convicted, Watson faces up to 37 years in prison.


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Tickers: GSUPS

Keywords: businessmediagoldman sachs group incbusiness newscollusionunited parcel service inccrimetransportation

Source: https://www.cnbc.com/2023/02/23/ozy-media-ceo-carlos-watson-arrested.html


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