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Former Netflix exec convicted of money laundering

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Former Netflix executive Michael Kail has been convicted of money laundering, as well as wire and mail fraud.

Kail, who was Netflix’s vice president of information technology operations 2011-14, was accused of taking bribes and kickbacks from vendors doing business with the video streaming company.

Netflix sued Kail in 2014, claiming he hid payments from vendors by directing them to a personal consulting business he operated.

Read more from The Verge.

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