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March 28, 2025executive ordercriminal justiceexecutive powerfinancial regulationexecutive powerpardonsfinancial crime

Trump Commutes Sentences of Ozy Media CEO Carlos Watson and Financier Jason Galanis

Trump commuted the sentences of Ozy Media CEO Carlos Watson and financier Jason Galanis on March 28, 2025. Watson received 116 months for securities fraud and wire fraud — including impersonating a YouTube executive during a Goldman Sachs investor call — while Ozy Media Inc. was ordered to pay $36.7 million in restitution. Galanis received commutation of his sentence for a separate tribal bond fraud scheme that overlapped with the Devon Archer case pardoned three days earlier.