Former TV personality Carlos Watson has been convicted in a federal financial conspiracy case about Ozy Media, an ambitious startup that collapsed after another executive impersonated a YouTube executive to hype the company’s success.
Watson, 53, had been free on bail but was taken into custody to await sentencing after the verdict was announced on Tuesday.
Brooklyn-based United States Attorney Breon Peace said the verdict held Watson accountable for “brazen crimes” that were meant to keep cash-strapped Ozy afloat but ultimately sank it.
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