Latest in Gaming

Image credit:

Former GameStop VP sentenced 51 months for embezzling over $1.7M

Share
Tweet
Share
Save

Sponsored Links

The Northern District Court of Texas sentenced Frank Christopher Olivera, the former VP of corporate communications and public affairs at GameStop, to 51 months in federal prison. Olivera, who pleaded guilty to embezzling over $1.7 million via mail fraud, was also fined $57,375 for funds unpaid on GameStop's loss, and a further $77,275 in restitution.

According to federal documents, Olivera set up a fictitious Nevada-based company called Cloud Communications to send payments from GameStop to, across a period of July 2009 to April 2011. Olivera placed the payments in an account held by Cloud Communications, and then transferred the money to his personal bank account.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share
Save

Popular on Engadget

Apple unveils animated musical series from the creator of 'Bob's Burgers'

Apple unveils animated musical series from the creator of 'Bob's Burgers'

View
Facebook says glitch led to rude translation of Chinese leader's name

Facebook says glitch led to rude translation of Chinese leader's name

View
Leica's M10 Monochrom is devoted to black-and-white photography

Leica's M10 Monochrom is devoted to black-and-white photography

View
Why your new smart home devices won't work, and how to fix them

Why your new smart home devices won't work, and how to fix them

View
SpaceX successfully completes Crew Dragon launch escape test

SpaceX successfully completes Crew Dragon launch escape test

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr