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.
Sentiment: NEGATIVE
Keywords: business, media, goldman sachs group inc, business news, collusion, united parcel service inc, crime, transportation,
Source: https://www.cnbc.com/2023/02/23/ozy-media-ceo-carlos-watson-arrested.html