Judge hits Ozy Media attorneys with gag order following social media statement

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A federal judge imposed a gag order Tuesday on all parties associated with Ozy Media’s fraud trial in Brooklyn after attorneys for the now-shuttered digital media company released a statement on social media that accused the government of coaching witnesses to lie on the stand.

The statement, released on Ozy Media’s Instagram Friday, responded to prosecutors’ assertion that CEO Carlos Watson falsely claimed to a prospective investor that Ozy received a $600 million purchase offer from Google.

Watson, a Harvard graduate who earned a law degree from Stanford University, is facing criminal charges of securities and wire fraud conspiracies and aggravated identity theft under accusations he deceived investors and conspired to impersonate leaders of other media groups in furtherance of the scheme.

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