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Former GameStop VP in prison for stealing $1.7 million
Some may call GameStop employees crooks for giving customers pennies for their beloved Maddens, but only Frank Christopher Olivera, former VP of corporate communications and public affairs at GameStop Texas, has been sentenced to prison. Olivera stole over $1.7 million from GameStop, using fake invoices and a made-up employee, through a fictitious company called Cloud Communications LLC (sounds legit). Olivera redirected GameStop payments to his fraudulent company, located in Las Vegas and in Canada, and would then put the money from Cloud into his personal account. Olivera plead guilty to charges in November and, on Thursday, was sentenced to 51 months in federal prison. In addition, he must pay $134,651 in extra costs, though GamesIndustry reports he has returned "most of" the $1.7 mil to GameStop. In 2012, a study called GameStop the 10th worst place to work in America. With someone like Olivera running the show, I can see why. Former GameStop VP jailed for fraud [GamesIndustry] Did you know? You can now get daily or weekly email notifications when humans reply to your comments.
11:30 AM on 05.09.2013 GameStop gives you a game for $9.99 with two tradesIf you're looking to ditch some games, take them in to GameStop today as their new promotion lets you buy any game for only $9.99 with two trade-ins. Basically, your two game trades discount a $59.99 title to only $9.99. So, ...
1:00 AM on 05.03.2013 Only YOU can help save GameStopWill you sit there and just watch as GameStop executives suffer from low sales of used games?
2:00 AM on 05.02.2013 GameStop Expo will be open to the public this yearGameStop's annual expo will be open to the public this year! The show will be taking place on August 28 at the Sands Expo and Convention Center in Las Vegas, Nevada. General admission tickets are $35, while VIP passes are goi...
11:00 AM on 04.19.2013 You can wear a GameStop costume in Shin Megami Tensei 4I had a feeling that we'd see some version of the Japanese promotional DLC costumes for Shin Megami Tensei 4 here in North America. Japan had several different retailer-themed downloadable costumes for the game's pr...
5:00 AM on 04.10.2013 Lost Planet 3's many retail specific pre-order 'bonuses'Oh goodie! Another barrage of retail specific pre-order bonus fluff such as weapons, items, and characters that won't really alter your experience were you to just skip out on pre-purchasing the game. Lost Planet 3 is the la...
1:30 PM on 03.12.2013 Former GameStop VP in prison for stealing $1.7 millionSome may call GameStop employees crooks for giving customers pennies for their beloved Maddens, but only Frank Christopher Olivera, former VP of corporate communications and public affairs at GameStop Texas, has been sentence...
11:30 PM on 02.27.2013 Assassin's Creed pirates and the safety of used gamesIn this latest installment of Office Chat, I'm joined by Jim Sterling and Jordan Devore to discuss rumors that Assassin's Creed IV will center around piracy on the high seas and express hope for the continued existence of a used games market. Plus, we have a lovely discussion on variable pricing models for games, which pretty much boils down thinking there probably ought to be some of that.
3:45 PM on 02.25.2013 More details on upcoming event Pokémon MeloettaBeginning March 4 in North America, there will be a limited-time Pokémon distribution event for Meloetta at GameStop. After that date, you'll have three weeks to make a trip over to secure this Normal- and Psychic-typ...
8:30 AM on 02.19.2013 Various retailers list Watch Dogs for Wii UThe Wii U is in a pretty sad state when no one can guarantee current third-party games for the platform. What will become of Nintendo's fun box when "truly next-gen" titles -- Ubisoft's Watch Dogs, for instance -- star making...
11:00 PM on 02.17.2013 Destiny available for pre-order from GameStop, Best BuyWith the internet ablaze over the official reveal of Destiny, Bungie's new IP, it comes as no surprise that Best Buy and GameStop have already begun taking pre-orders. Both retailers have the game listed for $59.99. GameStop ...
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GameStop's annual expo will be open to the public this year! The show will be taking place on August 28 at the Sands Expo and Convention Center in Las Vegas, Nevada. General admission tickets are $35, while VIP passes are goi...more
I had a feeling that we'd see some version of the Japanese promotional DLC costumes for Shin Megami Tensei 4 here in North America. Japan had several different retailer-themed downloadable costumes for the game's pr...more
Oh goodie! Another barrage of retail specific pre-order bonus fluff such as weapons, items, and characters that won't really alter your experience were you to just skip out on pre-purchasing the game. Lost Planet 3 is the la...more View all GameStop |


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