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Ozy Media founder Carlos Watson denies federal fraud charges

Carlos Watson leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) Carlos Watson leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) Carlos Watson, center, leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) Carlos Watson, center, leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) Carlos Watson, center, leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) Carlos Watson, center, leaves Brooklyn federal court in New York, Thursday, Feb. 23, 2023. The founder of the troubled digital start-up Ozy Media has been arrested on fraud charges as part of what prosecutors say was a scheme to prop up the financially struggling company. (AP Photo/Seth Wenig) FILE — Carlos Watson participates in "The Contenders: 16 for 16" panel during the PBS Television Critics Association summer press tour, July 29, 2016, in Beverly Hills, Calif. Watson, founder of the troubled digital start-up Ozy Media, was arrested Thursday, Feb. 23, 2023 on fraud charges as part of a scheme to prop up the financially struggling company, which hemorrhaged millions of dollars before it shut down amid revelations of possibly deceptive business practices. (Photo by Richard Shotwell/Invision/AP, File)