DALLAS (AP) – 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 says 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.
A Gamestop spokeswoman says Olivera was terminated last year and the company cooperated with the federal investigation.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Also Check Out:
- ‘Cops & Robbers’ Game Goes Over Badly With Cops
- Pet Medicine Becoming Human Business
- Massive Explosion & Chemical Fire At Garland Plant
- Court Cries After Girl’s Letter To Drunk Driver
- Military Veterans Killed In Midland Train Wreck