Ozy Media’s Carlos Watson was arrested this week, as our mainFT colleagues have reported.

We at Alphaville are at all times up for some fascinating Friday studying, so we took a fast have a look at the federal government’s complaints.

The allegations embody: Faux income, faux contracts, faux representations of investor curiosity, two impersonations of different corporations’ executives, and this e-mail from Ozy’s former CFO:

This . . . is against the law. That is fraud. That is forging somebody’s signature with the intent of getting an advance from a publicly traded financial institution . . . 

To be crystal clear, what you see as a measured danger — I see as a felony. Did both of you (Carlos, while you requested me to place collectively a contract and / or Samir, while you despatched the e-mail) have any thought (or did it even happen to you to care) that I might go to jail for forgery and financial institution fraud?

Discover the SEC prices right here, and the DOJ criticism right here.