• Former Netflix executive convicted of fraud after orchestrating more than $500,000 in bribes and kickbacks

    12 days ago - By Business Insider

    Photo Illustration by Chesnot/Getty Images
    Ex-Netflix IT chief Michael Kail on Friday was convicted of 28 counts of fraud and money laundering.
    Kail created a "pay-to-play" scheme, taking bribes and kickbacks from tech startups hoping to do business with Netflix.
    Kail, who was indicted in 2018, must also forfeit a Los Gatos home he purchased with the funds.
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    Former Netflix vice president of IT Michael Kail was convicted by a federal jury on Friday of 28 counts of fraud and money laundering, the US Department of Justice announced in a press...
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