This guy defrauded the company to the tune of millions of dollars. I am perfectly comfortable with big corporations and governments muscling people into compliance, where thing to comply with is “not stealing from the company”.
Imagine you run a business, and your employee just steals one of the company vehicles. Do you think you should have any recourse beyond firing them? I mean, it’s only a few tens of thousands of dollars worth of loss to you, so if you don’t want the government to go after the guy that stole millions from Netflix, why expect the government to help you recover some paltry car? It’s not violent offense after all, just property.
As it happens, fraud is a crime, and government prosecutes crime to deter it. This is perfectly reasonable, and how things have always worked.