Devon Archer, Trevor Milton and Carlos Watson were convicted in fraud schemes totaling hundreds of millions of dollars. Now, they will not be required to pay back victims.
Category: Ozy Media Inc
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The Perks of Being Harvey Weinstein’s Publicist
Juda Engelmayer took a job that leading crisis communications pros didn’t want. Now he’s the pied piper of pariahs.
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Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.
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Carlos Watson, Ozy Media Founder, Is Found Guilty of Fraud
Mr. Watson, who denied lying to investors and lenders, faces up to 37 years in prison.
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Ozy Media Founder Takes the Stand to Deny Fraud Allegations
Carlos Watson was questioned after Ozy investors, former employees and bankers testified for the prosecution in his trial.
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Google C.E.O. Testifies in Ozy Media Founder’s Fraud Trial
Sundar Pichai, the chief executive of Google, said he never discussed a potential acquisition of the digital media start-up.
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The Week in Business: Fraud Charges for a Media Founder
The New York Times – Business:President Biden announced his choice to head the World Bank. And the Supreme Court will hear arguments about student debt cancellation.
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Remembering Thomas H. Lee, a Veteran of Private Equity
The New York Times – Business:The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.
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Ozy Media’s Carlos Watson Arrested on Fraud Charges
The New York Times – Business:Mr. Watson had founded the troubled digital-media start-up Ozy, which unraveled after The New York Times examined its business practices.