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Former Netflix executive sentenced to 30 months for bribes and kickbacks from Netflix vendors

Michael Kail, the former Vice President of IT Operations at Netflix, was sentenced to 30 months in federal prison.

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How the former Netflix Exec created Brazen's buying scheme

Former vice of Netflix The president of IT operations was convicted of bribing technology vendors to award contracts with Netflix, the U.S. Department

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Former Netflix executive convicted of receiving bribes and kickbacks from companies contracting with Netflix

SAN JOSE — A federal jury convicted Michael Kail, the former Vice President of IT Operations at Netflix, of wire fraud, mail fraud, and money laundering, announced Acting United States Attorney Stephanie M. Hinds, IRS-Criminal Investigation Acting Special Agent in Charge Michael Daniels, and Federal Bureau of Investigation Craig D. Fair. The verdict follows a two-week and a half week trial before the Honorable Beth L. Freeman, U.S. District Judge.
Kail was indicted May 1, 2018, of nineteen counts of wire fraud, three counts of mail fraud, and seven counts of money laundering, in violation of 18 U.S.C. §§ 1341 (mail fraud), 1343 (wire fraud), 1346 (honest services fraud), and 1957 (money laundering). The indictment also sought forfeiture of Kail's Los Gatos residential property. The jury returned a verdict of guilty on 28 of the 29 counts.

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How a Former Netflix Exec Built a Brazen Bribery Scheme

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Netflix's former vice president of IT operations was convicted of taking bribes from technology vendors in exchange for awarding them contracts with Netflix, the US Department of Justice announced Friday. The former VP's illegal scheme forced colleagues to use a variety of products, including one that suffered from "severe" performance problems and another that Netflix employees objected to because they preferred a different product the company was already paying for, the DOJ said.
Ars Technica
This story originally appeared on Ars Technica, a trusted source for technology news, tech policy analysis, reviews, and more. Ars is owned by WIRED's parent company, Condé Nast.

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Ex Netflix IT ops boss pocketed $500k+ in bribes before awarding millions in tech contracts

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

He received money and stock options from tech companies to approve contracts with the streaming giant.
May 3rd, 2021
AP Photo/Jenny Kane, File
SAN JOSE, Calif. (AP) — 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.”

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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.
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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.

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Former Netflix VP convicted of fraud, money laundering

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Netflix, Inc. (NASDAQ:NFLX) - Jury Finds Former Netflix VP Guilty Of Taking Kickbacks In Contract Deals

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Netflix Inc (NASDAQ: NFLX) faces up to 20 years in prison after a jury in San Jose, California, found him guilty of fraud.
Michael Kail was Netflix's vice president in charge of internet technology, Fox2 KTVU in the San Francisco area reported.
Prosecutors accused Kail of taking more than $500,000 in kickbacks plus stock options. In return, he approved millions of dollars in contracts for nine tech companies seeking Netflix business between February 2012 and July 2014.
Kail then funneled the money into a limited liability company he set up called Unix Mercenary LLC. Prosecutors said Kail used the money to buy a home in Los Gatos.

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Former Netflix VP convicted of fraud and money laundering

Former Netflix VP convicted of fraud and money laundering
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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."

California , United-states , Los-gatos , Michael-kail , Julia-jayne , Netflix , Unix-mercenary , San-jose , Charge-craig , Silicon-valley , கலிஃபோர்னியா , ஒன்றுபட்டது-மாநிலங்களில்