NET-FIX
Ex-Netflix VP guilty of fraud after taking $500K in bribes and kickbacks from tech companies for streaming contracts
Luke Kenton
1 May 2021, 22:22
A FORMER Netflix executive has been found guilty of fraud after accepting more than $500,000 in bribes and kickbacks while overseeing the streaming giant's internet technology department.
Michael Kail, 49, was found guilty by a federal jury on Friday of accepting lucrative stock options and more than a half-million dollars in bribes from tech companies to approve IT contracts with Netflix.
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Michael Kail, 49, was vice president of internet technology at Netflix between 2011 and 2014Credit: Quora
Kail, who was vice president of internet technology at Netflix between 2011 and 2014, was indicted in 2018 on 19 counts of wire fraud, three counts of mail fraud, and seven counts of money laundering.