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Ex-Netflix VP guilty of fraud after taking $500K in bribes and kickbacks from tech companies for streaming contracts

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. 3 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.

Former Netflix VP convicted of fraud and money laundering

Former Netflix VP convicted of fraud and money laundering Published  Michael Kail, 49, is a former Netflix vice president who oversaw the company’s internet technology department. SAN JOSE, Calif. - A federal jury found a former Netflix executive guilty Friday of receiving lucrative stock options and more than a half-million dollars in bribes and kickbacks from tech companies to approve contracts with the streaming giant. Michael Kail, 49, is a former Netflix vice president who oversaw the company’s internet technology department. We are very disappointed in the jury’s verdict, defense attorney Julia Jayne said. It goes to show that an innocent person can be convicted when there are so many counts stacked against them and there is a powerful corporation, Netflix, driving the investigation and prosecution.

Former Netflix VP convicted of fraud, money laundering

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