Google CEO Denies $600 Million Offer for Ozy Media at Fraud Trial
Sundar Pichai testifies that Google considered hiring Carlos Watson but never planned to buy the troubled startup.
- Ozy Media founder Carlos Watson is accused of defrauding investors by fabricating business success stories.
- Samir Rao, Ozy's co-founder, admitted to impersonating a Google executive to deceive Goldman Sachs.
- Testimony reveals Google discussed a $25 million investment tied to hiring Watson, not an acquisition.
- Goldman Sachs canceled its investment after discovering Rao's impersonation during a conference call.
- Watson and Ozy Media face multiple fraud charges, with Watson denying all allegations.