On January 13, 2004, the Academy of Motion Picture Arts and Sciences announced that it had identified a copy of the film Something's Gotta Give, circulated illegally on the Internet, as carrying markings identifying it as coming from a video sent to Caridi in his role as an Oscar voter. Similarly unauthorized copies of The Last Samurai, Mystic River, Big Fish and Master and Commander: The Far Side of the World were also said to have been traced to Caridi. The FBI subsequently began an investigation into the affair.
The Academy of Motion Picture Arts and Sciences announced on February 3, 2004 that it was expelling Caridi for violating his agreement to safeguard their screeners, making him the first Academy member to be expelled.