Ex-official of computer game retailer admits fraud

Print
Email
|

by Associated Press

kvue.com

Posted on November 20, 2012 at 8:40 PM

DALLAS, Texas -- The former corporate spokesman for computer game retailer Gamestop has admitted to defrauding the company out of almost $2 million.

Frank Christopher Olivera was vice president of corporate communications and public affairs for the Grapevine, Texas-based retailer. He faces up to 20 years in federal prison after pleading guilty in Dallas on Tuesday to mail fraud.

A Justice Department statement said the 46-year-old Grapevine man also could be fined up to $250,000 and ordered to pay restitution. He remains free on bond pending sentencing, which has yet to be scheduled.

Court documents show Olivera submitted fraudulent invoices for vendor services from a fictitious company he set up from July 2009 to April 2011. Be channeled the funds to his personal bank account.

A message to Gamestop drew no response Tuesday.

Print
Email
|