Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#1

Post by altmind » Fri, Dec 17, 2021, 4:33 PM UTC

Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors
justice.gov

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#2

Post by diab0lic » Fri, Dec 17, 2021, 4:44 PM UTC

The actual title is "Former Netflix Executive Sentenced To 30 Months For Bribes And Kickbacks From Netflix Vendors ". Mike left Netflix in 2014 and joined Yahoo and CIO for a moment before this all came out and Meyer put him on leave.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#3

Post by JohnJamesRambo » Fri, Dec 17, 2021, 4:44 PM UTC

Now this is what we need to see to effect change in corporate behavior.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#4

Post by throwfaangus » Fri, Dec 17, 2021, 4:45 PM UTC

Why risk this even? Surely, he's making much more than 700K as an exec in the first place.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#5

Post by altmind » Fri, Dec 17, 2021, 4:45 PM UTC

diab0lic wrote: post #2

The actual title is "Former Netflix Executive Sentenced To 30 Months For Bribes And Kickbacks From Netflix Vendors ". Mike left Netflix in 2014 and joined Yahoo and CIO for a moment before this all came out and Meyer put him on leave.

It wasn't intentional, the headline was too long to fit.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#6

Post by kbenson » Fri, Dec 17, 2021, 4:46 PM UTC

> and serve a three term of supervision upon release from prison.

Is there a typo in there, is that just a weird legal term, or is it just me that has a hard time processing what that means?

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#7

Post by diab0lic » Fri, Dec 17, 2021, 4:46 PM UTC

altmind wrote: post #5

diab0lic wrote: post #2

The actual title is "Former Netflix Executive Sentenced To 30 Months For Bribes And Kickbacks From Netflix Vendors ". Mike left Netflix in 2014 and joined Yahoo and CIO for a moment before this all came out and Meyer put him on leave.

It wasn't intentional, the headline was too long to fit.

That makes sense, haha. That probably is the word I would have removed as well in that case. :)

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#8

Post by hpoe » Fri, Dec 17, 2021, 4:47 PM UTC

If you get caught stealing $700,000 you've got a problem.

If you get caught stealing $700,000,000 the criminal justice system has a problem.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#9

Post by rvnx » Fri, Dec 17, 2021, 4:47 PM UTC

throwfaangus wrote: post #4

Why risk this even? Surely, he's making much more than 700K as an exec in the first place.

When you deal as a supplier to a big SV company, it can still happen that the employee asks you for a kickback. It's sad and it sucks.

Re: Netflix Executive Sentenced to 30 Months for 700K Bribes, Kickbacks from Vendors

#10

Post by barcoder » Fri, Dec 17, 2021, 4:47 PM UTC

Note this is the former IT exec from 2014. These type of trials take a while to complete