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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.” ....

United States , Los Gatos , Michael Kail , Julia Jayne , Unix Mercenary , San Jose , Charge Craig , Silicon Valley , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் கேடோஸ் , மைக்கேல் கெயில் , சான் ஜோசே , கட்டணம் கிரேக் , சிலிக்கான் பள்ளத்தாக்கு ,

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

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A former executive at
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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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. ....

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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. ....

United States , Los Gatos , Michael Kail , Julia Jayne , Unix Mercenary , San Jose , Charge Craig , Silicon Valley , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் கேடோஸ் , மைக்கேல் கெயில் , சான் ஜோசே , கட்டணம் கிரேக் , சிலிக்கான் பள்ளத்தாக்கு ,

Former Netflix VP convicted of fraud, money laundering

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United States , Los Gatos , Michael Kail , Julia Jayne , Unix Mercenary , San Jose , Charge Craig , Silicon Valley , ஒன்றுபட்டது மாநிலங்களில் , லாஸ் கேடோஸ் , மைக்கேல் கெயில் , சான் ஜோசே , கட்டணம் கிரேக் , சிலிக்கான் பள்ளத்தாக்கு ,