President Donald Trump commuted the prison sentence of Ozy Media founder Carlos Watson just hours before Watson was scheduled to report to a federal prison, according to CNBC. Watson was convicted of conspiracy to commit securities fraud, conspiracy to commit wire fraud, and aggravated identity theft. The charges stemmed from a multimillion-dollar scheme that misled investors about Ozy’s financial health and business relationships. Trump also commuted the one-year probation sentence for Ozy Media, which was convicted in the same case.
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