Carlos Watson, former CEO of Ozy Media, was sentenced to 10 years in prison for his involvement in a federal financial conspiracy case
, was sentenced on Monday, December 16, to nearly 10 years in prison for his involvement in a federal financial conspiracy case. Watson has denied the charges against him and plans to appeal the sentence.who worked for major networks such as CNN and MSNBC, and he also spent some time on Wall Street. He is a graduate of Harvard University and Stanford Law School.
, now defunct, were found guilty last summer of several charges, including conspiracy to commit wire fraud. During the hearing, Watson claimed he was the target of selective prosecution due to being a Black entrepreneur in Silicon Valley, a place where African American executives are notably scarce, and he described the case as a “modern-day lynching.”
Carlos Watson, who faced a mandatory minimum sentence of two years and potentially up to 37 years in prison, remains free on a $3 million bail. He is expected to surrender to authorities in the coming months to begin serving histargeting millennials, with a global perspective. This was Carlos Watson’s second startup, which he launched a decade after selling an exam preparation company he founded when he was just 20 years old., including TV shows, newsletters, podcasts, and a music and ideas festival. Watson hosted several of these programs, including the Emmy Award-winning, clients, and funding, but according to insiders, beneath its successful exterior, the company was struggling and hiding its financial difficulties after 2017.
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