Calif. Jury Convicts Ex-Netflix Exec Of Taking Bribes
By Dorothy Atkins (April 30, 2021, 5:37 PM EDT) -- A California federal jury convicted an ex-Netflix executive Friday of money laundering and bribery for accepting stock options, cash payments and gifts from third-party vendors in exchange for lucrative contracts with the streaming giant, wrapping a weekslong criminal trial.
After more than four days of deliberating, a unanimous 12-member jury found defendant Michael Kail guilty of dozens of counts of fraud and money laundering for approving payments to prospective third-party vendors in exchange for kickbacks while he was vice president of internet technology at Netflix from 2012 to 2014.
The verdict marks an end to a trial that kicked off April 9, with prosecutors...
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