The Ozy Media Scam

NZA

NZA

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Gang violence...
108006946-17211544452023-02-23t220258z_445680093_rc2ahz9czk2i_rtrmadp_0_usa-court-ozy-media.jpeg

:dead:
 
R

re'up

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Showed no remorse at all. No acknowledgment of his responsiblity or guilt, just corporate tech bro platitudes. Got 10 years.
 
Macallik86

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Watson told the judge he was a target of “selective prosecution” as a Black entrepreneur in Silicon Valley, where African American executives have been disproportionately few, and he called the case “a modern lynching.”

“I made mistakes. I’m very, very sorry that people are hurt, myself included,” he said, but “I don’t think it’s fair.”
Click to expand...
“I do think this is an attack on Black excellence,”
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:camby:
 
mastermind

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Uitomy said:
shyt like this makes me scared for the future in this country. Somehow with more technology and knowledge of things these people with money do literally no sort of real due diligence at all. These same people have their hand so much in the politics in this country too that's scary as hell how stupid they are
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:wow:
 
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Had he pleaded guilty early, and accepted full responsibility, he could have gotten 60 months. Done 46 months.

but some of these guys are so arrogant they really don't even see where they did anything wrong, don't really think they deserve it.

And think they can scheme their way out of it, like they have previously done with everything.
 
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The Deep State
:wow:



Trump commutes sentences of Ozy Media founder Carlos Watson and company​


Summarize

Dan Mangan
NEW YORK, NEW YORK - DECEMBER 16: Carlos Watson, co-founder of Ozy Media, speaks with press after his sentencing hearing at Brooklyn Federal Court on December 16, 2024 in New York City. Watson was sentenced to almost 10 years in prison for trying to defraud investors and lenders by lying about the company’s finances after being convicted in July. Samir Rao, the other co-founder of Ozy, and Suzee Han, a former Ozy chief of staff, pleaded guilty last year to fraud charges and both cooperated in the case and

President Donald Trump commuted the criminal fraud sentence of Ozy Mediafounder Carlos Watson on Friday, right before Watson was due to begin serving a 116-month prison term in California.

Trump also commuted the sentence of probation imposed on Ozy Media for its related conviction in the case, according to a source familiar with the situation.

Watson was convicted at trial in Brooklyn federal court in last July of conspiracy to commit securities fraud, conspiracy to commit wire fraud and aggravated identity theft.

He was sentenced in December.

In February, a federal judge ordered Watson and Ozy to pay almost $60 million in forfeiture
 
Macallik86

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get these nets

get these nets

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Above the fray.
Macallik86 said:
He will be 'conveniently' supporting MAGA policies a la Mayor Adams in 3... 2... 1...
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The article pointed out something that I never thought of. That the commutation means he's no longer on the hook for the $ "$96 million in restitution and forfeiture that the judge ordered Mr Watson and Ozy to pay"
Wow!

But, yeah like you said, Trump has another cheerleader. His backers might fund Watson to be a media propagandist for MAGA.
 
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