Ozy Media’s Carlos Watson ordered to pay $96M for scamming A-Rod, Laurene Powell Jobs and more
Reports show that convicted Ozy Media CEO Carlos Watson and his company are ordered to pay a penalty of about $96 million for his “brave and bold” securities fraud. According to a Brooklyn Federal Court ruling, Watson, who co-founded the company, will need to grant more than $37 million in compensation and a forfeiture of […]
Laurene Powell Jobs-Funded Ozy Media CEO Convicted in Massive Fraud Scheme
Ozzy Media’s spectacular collapse continues to claim its victims, with a New York jury convicting CEO Carlos Watson on Tuesday for his role in the company’s multimillion-dollar fraud scheme to defraud investors. He was found guilty of fraud and conspiracy during an eight-week federal trial and faces up to 37 years in prison. Ozzie Media, […]
