Ozy, Which Insists It Still Exists, Is Reportedly Being Investigated by the Feds

After its spectacular collapse last month amid revelations about deceptive business practices—including one of its higher-ups allegedly impersonating a YouTube executive on a call with potential investors—Ozy seemed like a ripe target for the feds. And on Wednesday, that theory bore out: the New York Times reported that both the Department of Justice and the Securities and Exchange Commission have opened investigations into the tortured events-and-editorial company. “Federal prosecutors with the Eastern District of New York have in recent weeks been in contact with at least one company that had dealings with Ozy,” per the Times, and “in the parallel… Read Full Article