{"id":8825,"date":"2024-12-17T09:15:12","date_gmt":"2024-12-17T01:15:12","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=8825"},"modified":"2024-12-17T09:15:16","modified_gmt":"2024-12-17T01:15:16","slug":"ozy-founder-carlos-watson-sentenced-to-10-years","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=8825","title":{"rendered":"Ozy founder Carlos Watson sentenced to 10 years"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"876\" height=\"493\" src=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18.jpg\" alt=\"\" class=\"wp-image-8826\" srcset=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18.jpg 876w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18-300x169.jpg 300w, https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18-768x432.jpg 768w\" sizes=\"auto, (max-width: 876px) 100vw, 876px\" \/><\/figure>\n\n\n\n<p>Carlos Watson, founder of the defunct digital media company Ozy Media, was sentenced to 10 years in prison for lying to investors about the start-up\u2019s finances.<\/p>\n\n\n\n<p>Watson\u2019s 116-month-long sentence for conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft came Monday in Brooklyn federal court, according to a press release from the U.S. Attorney\u2019s Office for the Eastern District of New York. Watson\u2019s sentence was highlighted by Mediaite.<\/p>\n\n\n\n<p>From 2018 to 2021, per court filings and what was confirmed during the trial, Watson, along with co-conspirators put together \u201ca scheme to defraud investors out of tens of millions of dollars\u201d via \u201cfraudulent misrepresentations and omissions\u201d of the digital media company\u2019s financial performance, according to the press release.<\/p>\n\n\n\n<p>\u201cCarlos Watson orchestrated a years-long, audacious scheme to defraud investors and lenders to his company, Ozy Media, out of tens of millions of dollars,\u201d U.S. Attorney Breon Peace for the Eastern District of New York said in the release. \u201cHis incessant and deliberate lies demonstrated not only a brazen disregard for the rule of law, but also a contempt for the values of honesty and fairness that should underlie American entrepreneurship.<\/p>\n\n\n\n<p>In early 2023, Watson was arrested on wire fraud charges in the wake of a former executive at his company pleading guilty to wire fraud charges. He later denied wrongdoing, saying that he was \u201cand never have been a \u2018con man.&#8217;\u201d<\/p>\n\n\n\n<p>Up Next &#8211; RFK Jr. seeks to win over Senate GOP skeptics as he begins HHS meetings<\/p>\n\n\n\n<p>\u201cI have worked around the clock for 10 years to build this company and devoted my life savings to help get us through rough patches,\u201d Watson said on the social platform X. \u201cThis has been a life\u2019s work and I am proud of what I, my family, and my team have been able to accomplish.\u201d<\/p>\n\n\n\n<p>\u201cI\u2019m not saying I haven\u2019t made mistakes \u2013 I have. But it\u2019s fair to ask, why I\u2019ve been singled out? OZY is a real and valuable company that was built through an enormous amount of hard work and sacrifice,\u201d he continued.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Carlos Watson, founder of the defunct digital media company Ozy Media, was sentenced to 10 years in prison for lying to investors about the start-up\u2019s finances. Watson\u2019s 116-month-long sentence for conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft came Monday in Brooklyn federal court, according to a press release [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":8826,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[2269,1912,2954],"class_list":["post-8825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-usa","tag-company","tag-was","tag-watson"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ozy founder Carlos Watson sentenced to 10 years - LISTEN WORLD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tingchao.xyz\/?p=8825\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ozy founder Carlos Watson sentenced to 10 years - LISTEN WORLD\" \/>\n<meta property=\"og:description\" content=\"Carlos Watson, founder of the defunct digital media company Ozy Media, was sentenced to 10 years in prison for lying to investors about the start-up\u2019s finances. Watson\u2019s 116-month-long sentence for conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft came Monday in Brooklyn federal court, according to a press release [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tingchao.xyz\/?p=8825\" \/>\n<meta property=\"og:site_name\" content=\"LISTEN WORLD\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-17T01:15:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-17T01:15:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"876\" \/>\n\t<meta property=\"og:image:height\" content=\"493\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Xenia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tingchao.xyz\/#website\",\"url\":\"https:\/\/tingchao.xyz\/\",\"name\":\"LISTEN WORLD\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tingchao.xyz\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tingchao.xyz\/?p=8825#primaryimage\",\"url\":\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18.jpg\",\"contentUrl\":\"https:\/\/tingchao.xyz\/wp-content\/uploads\/2024\/12\/1-18.jpg\",\"width\":876,\"height\":493},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tingchao.xyz\/?p=8825#webpage\",\"url\":\"https:\/\/tingchao.xyz\/?p=8825\",\"name\":\"Ozy founder Carlos Watson sentenced to 10 years - LISTEN WORLD\",\"isPartOf\":{\"@id\":\"https:\/\/tingchao.xyz\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tingchao.xyz\/?p=8825#primaryimage\"},\"datePublished\":\"2024-12-17T01:15:12+00:00\",\"dateModified\":\"2024-12-17T01:15:16+00:00\",\"author\":{\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/0858d87b9dca5080708652d8e71bab95\"},\"breadcrumb\":{\"@id\":\"https:\/\/tingchao.xyz\/?p=8825#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tingchao.xyz\/?p=8825\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tingchao.xyz\/?p=8825#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u9996\u9875\",\"item\":\"https:\/\/tingchao.xyz\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ozy founder Carlos Watson sentenced to 10 years\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/0858d87b9dca5080708652d8e71bab95\",\"name\":\"Xenia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tingchao.xyz\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/28b948f24823b0b7ad891b285d30c0f9eb58ea462ebe1e48936fbba5e46a42c2?s=96&d=wavatar&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/28b948f24823b0b7ad891b285d30c0f9eb58ea462ebe1e48936fbba5e46a42c2?s=96&d=wavatar&r=g\",\"caption\":\"Xenia\"},\"url\":\"https:\/\/tingchao.xyz\/?author=10\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ozy founder Carlos Watson sentenced to 10 years - LISTEN WORLD","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tingchao.xyz\/?p=8825","og_locale":"en_US","og_type":"article","og_title":"Ozy founder Carlos Watson sentenced to 10 years - LISTEN WORLD","og_description":"Carlos Watson, founder of the defunct digital media company Ozy Media, was sentenced to 10 years in prison for lying to investors about the start-up\u2019s finances. 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