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Ozy Media is scrambling to find a lawyer to represent it against federal fraud charges
Ozy Media billed by itself as “the New and the Next” as its charismatic cofounder, previous MSNBC and CNN host Carlos Watson, attracted millions of bucks from traders on a guarantee to draw in youthful, subtle audiences. But on Wednesday, the at the time-buzzy enterprise failed to even have illustration in courtroom as it was arraigned on securities fraud and wire fraud charges. There was confusion when associates for the business have been a no-exhibit at its arraignment at a federal courthouse in Brooklyn. A decide experienced to enter a plea of “not responsible” on its behalf. Outside the courtroom, a general public defender who experienced been hurriedly assigned to…
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Ozy Media Owes Its Law Firm $1.3 Million: New York Lawsuit
Ozy Media CEO and co-founder Carlos Watson appeared on the Currently Show right after the New York Times broke a tale about an impersonation scandal involving the chief working officer. (Screenshot by using Today Clearly show) Ozy Media has been sued about a practically $1.3 million legal invoice its regulation organization promises to have racked up working with the fallout of a bombshell New York Periods exposé about the business. Co-founded by CEO Carlos Watson and main working officer Samir Rao in 2013, Ozy Media usually takes its title from poet Percy Bysshe Shelley’s Ozymandias, a sonnet about the fleeting mother nature of ability and the impressive. Using inspiration from…
