economyofnewyorkcity

  • Don’t Call It a Comeback: Ozy’s CEO Arrested for Fraud

    Don’t Call It a Comeback: Ozy’s CEO Arrested for Fraud

    Ozy CEO and co-founder, Carlos Watson, was arrested on Thursday for conspiring to commit securities fraud and conspiring to commit wire fraud. His arrest comes just days after fellow co-founder and Chief Operating Officer Samir Rao pleaded guilty to one count of conspiring to commit securities fraud, one count of conspiring to commit wire fraud,…