Ex-TV host Carlos Watson convicted in trial over collapse of startup Ozy Media

KIFI

Published July 16, 2024 12:40 PM

Associated Press

NEW YORK (AP) — Former TV personality Carlos Watson has been convicted in a federal financial conspiracy case about collapsed startup Ozy Media. Fifty-three-year-old Watson had been free on bail but was taken into custody Tuesday to await sentencing. U.S. Attorney Breon Peace’s office said that a jury found Watson guilty of all three charges against him. Prosecutors alleged that Watson conspired to deceive investors and lenders in order to keep the cash-strapped company alive. Watson pleaded not guilty and denied the allegations. Ozy Media produced TV shows, podcasts, festivals and more for nearly a decade. It unraveled after allegations emerged in 2021 that the company had overhyped its success.

Article Topic Follows: AP National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.