Ozy Media Founder Carlos Watson Arrested & Charged With Securities Fraud

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Carlos Watson, the founder of digital entertainment company Ozy Media, was arrested on Thursday (Feb. 23) and charged with securities fraud. The arrest comes after other members of Ozy Media’s executive team were charged with defrauding investors out of large sums of cash.

As seen in the New York Times, Carlos Watson, 53, was arrested Thursday morning in midtown Manhattan by FBI officials and later appeared in federal court in Brooklyn by the afternoon. Beyond fraud charges, Watson also faces identity theft charges and has pleaded not guilty to all counts and is now free

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