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Pay-to-play bungs required to do business with video-streaming giant
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Michael Kail, former veep of IT Operations at Netflix, was convicted on Friday on 28 counts of wire fraud, mail fraud, and money laundering after a federal jury found that he took advantage of his position to demand bribes from vendors.
As Netflix’s Vice President of IT Operations, Michael Kail wielded immense power to approve valuable Netflix contracts with small tech vendors, and he rigged that process to unlock a stream of cash and stock kickbacks to himself, said Acting United States Attorney Stephanie Hinds in a statement. Netflix and other companies expect and deserve honest services from its employees. ....

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