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Frank Christopher Olivera, former VP of corporate communications and public affairs at GameStop, has been sentenced to 51 months in federal prison for embezzling over $1.7 million by way of mail fraud.

The judge also fined Olivera $57,375 and ordered him to pay an additional $77,275 in restitution.

According to case documents, Olivera sent payments from GameStop to a fictitious Neveda-based company called Cloud Communications from July 2009 through April 2011. Those payments would be deposited in a Cloud Communications account, then transferred to his personal bank account.

Former GameStop VP Sentenced 51 Months for Mail Fraud

By | 03/12/2013 12:32 PM PT

News

Frank Christopher Olivera, former VP of corporate communications and public affairs at GameStop, has been sentenced to 51 months in federal prison for embezzling over $1.7 million by way of mail fraud.

The judge also fined Olivera $57,375 and ordered him to pay an additional $77,275 in restitution.

According to case documents, Olivera sent payments from GameStop to a fictitious Neveda-based company called Cloud Communications from July 2009 through April 2011. Those payments would be deposited in a Cloud Communications account, then transferred to his personal bank account.

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