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Jennifer Peltz

Jennifer Peltz

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Ozy Media founder Carlos Watson gets nearly 10 years in prison in financial conspiracy case about collapsed startup

In one example, another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers — while Watson coached him, prosecutors...

17.12.2024 9

Fortune

Jennifer Peltz

A decision on Trump’s hush-money conviction—whether or not to overturn it so he can run the country—has been kicked down the road due to ‘unprecedented circumstances’

A jury convicted Trump in May of falsifying business records related to a $130,000 payment to porn actor Stormy Daniels in 2016.

12.11.2024 9

Fortune

Jennifer Peltz

New York City declares drought watch and asks residents to conserve water—’Mother Nature is in charge’

Just 0.01 inches of rain fell last month on the city's Central Park, where October normally brings about 4.4 inches of precipitation.

03.11.2024 9

Fortune

Jennifer Peltz

Mozambican ex-finance minister convicted in $2 billion tuna kickback scandal

Between 2013 and 2016, three Mozambican-government-controlled companies quietly borrowed $2 billion from major overseas banks.

09.08.2024 10

Fortune

Jennifer Peltz

Former TV host slapped with guilty verdict in fraud case

The company collapsed after a bizarre incident in which a cofounder impersonated a YouTube executive in a call with investment bankers.

17.07.2024 4

Fortune

Jennifer Peltz

Ozy Media founder Carlos Watson tells jury he never schemed to con backers with phony financial statistics and forged contracts

Watson acknowledged that Ozy Media went through cash crunches, but he portrayed them as typical of new companies.

02.07.2024 20

Fortune

Jennifer Peltz

Google CEO denies offering to buy a startup for $600 million that later went up in flames

Prosecutors alleged a startup founder told at least one possible investor that he had an offer from the tech giant.

15.06.2024 10

Fortune

Jennifer Peltz

Ozy Media imploded in spectacular fashion in 2021 and now the firm and founder Carlos Watson are on trial for conspiracy to commit fraud

Even after numerous other public reckonings for Silicon Valley firms that went from ballyhooed to belly-up, it's hard to forget the moment in Ozy's...

13.06.2024 10

Fortune

Jennifer Peltz

‘I noticed the door trembling on its frame’: NYC shaken by one of the largest earthquakes since World War II

The shaking stirred memories of the magnitude 5.8 earthquake that jolted tens of millions of people from Georgia to Canada in 2011, the strongest...

05.04.2024 6

Fortune

Jennifer Peltz

NY AG wants Trump's lawyers or underwriter to 'justify' $175 million bond in civil fraud case

State Attorney General Letitia James wants Trump's lawyers or the bond underwriter to show they have the means to cover it.

05.04.2024 30

Fortune

Jennifer Peltz

Trump let off the hook by appeals court on half-billion-dollar judgment—but only if he comes up with $175 million in next 10 days

If Trump comes up with the cash, it would stop the clock on collection and keep New York from seizing his assets while he appeals.

25.03.2024 7

Fortune

Jennifer Peltz

French bulldogs continue their reign as most popular dog for 2nd straight year

Naneice Bucci, a "preservation breeder" who lives near Reno, says it's a "very scary time" for Frenchie enthusiasts like her.

20.03.2024 10

Fortune

Jennifer Peltz

Trump may testify in his new defamation trial with E. Jean Carroll—but he can’t say she made up her story or was motivated by money

While Carroll testified last week, he complained to his lawyers about a “witch hunt” and a “con job” loudly enough so that the...

22.01.2024 10

Fortune

Jennifer Peltz

Trump stripped of approval to deliver his own closing remarks in fraud case, after judge signalled openness

Judge Arthur Engoron denied the former president as it was not clear Trump would stick to "relevant" matters.

10.01.2024 10

Fortune

Jennifer Peltz

Donald Trump is planning to make his own closing argument in the case accusing him of defrauding New York state, sources say

New York AG Letitia James claims his financial statements inflated his net worth by billions of dollars, helping him secure business loans and...

10.01.2024 20

Fortune

Jennifer Peltz

After New York state demands $370 million in penalties from Trump, he says 'They should pay me'

The New York civil case could end up barring him from doing business in the state where he built his real estate empire.

06.01.2024 10

Fortune

Jennifer Peltz

U.S. states are trashing millions of COVID protective gear because of expiration, surpluses and a lack of willing takers: 'That’s what happens when you don’t prepare'

Items are aging, and as a deadline to allocate federal COVID-19 cash approaches next year, states must decide how much to invest in maintaining...

20.12.2023 8

Fortune

Jennifer Peltz

Jonathan Majors, who stared in major Marvel films, is dumped by the studio after being found guilty of assaulting his former girlfriend

Marvel and Disney immediately dropped Majors from all upcoming projects following the conviction.

19.12.2023 20

Fortune

Jennifer Peltz

'Creed III' star Jonathan Majors convicted of assaulting his former girlfriend as part of a 'cruel and manipulative pattern' of abuse

The verdict dealt a major blow to Majors, who was on the verge of Hollywood stardom until his arrest in March sent his career into a tailspin.

19.12.2023 10

Fortune

Jennifer Peltz

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