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In Addition To Prison Sentence, Ozy Founder Carlos Watson Gets Ordered To Pay $96 Million

Summary by Courthouse News Service
“(A Federal judge) ordered Watson and his company to pay over $36 million in restitution and nearly $60 million in forfeiture … for his involvement in a fraud scheme in which he conspired to impersonate a YouTube executive and repeatedly lied to investors about the now-defunct media company’s finances.” – Courthouse News Service

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Courthouse News ServiceCourthouse News Service

In Addition To Prison Sentence, Ozy Founder Carlos Watson Gets Ordered To Pay $96 Million

“(A Federal judge) ordered Watson and his company to pay over $36 million in restitution and nearly $60 million in forfeiture … for his involvement in a fraud scheme in which he conspired to impersonate a YouTube executive and repeatedly lied to investors about the now-defunct media company’s finances.” – Courthouse News Service

·Pasadena, United States
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New York PostNew York Post

Ozy Media fraudster Carlos Watson ordered to pay $96M for scamming A-Rod, Laurene Powell Jobs and more

The scheme involved Watson’s cofounder impersonating a YouTube executive on a call with Goldman Sachs bankers to mislead investors.

·New York, United States
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New York Post broke the news in New York, United States on Wednesday, February 19, 2025.
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