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Jury finds ex-Netflix VP guilty in bribery, kickback scheme

Turn on desktop notifications for breaking stories about interest? OffOn Jury finds ex-Netflix VP guilty in bribery, kickback scheme A federal jury has found a former Netflix executive guilty 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 ByThe Associated Press • 2 min read 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.

Jury finds ex-Netflix VP guilty in bribery, kickback

Former Netflix vice president Michael Kail, 49, was found guilty on Friday  Prosecutors said Kail had accepted more than $500,000 in kickbacks - as well as stock options - in exchange for approving millions of dollars in contracts Kail was indicted in 2018 on 19 counts of wire fraud, three counts of mail fraud, and seven counts of money laundering He pleaded not guilty to the offenses but was found guilty of 28 of the 29 counts 

Former Netflix VP convicted of fraud and money laundering

Former Netflix VP convicted of fraud and money laundering Published  article LOS GATOS, CA - JULY 20: A sign is posted in front of the Netflix headquarters on July 20, 2011 in Los Gatos, California. Online movie rental company Netflix will report quarterly earnings on Thursday following a recent customer backlash over a 60 pe Expand 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.

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