Ex-Gamestop Executive Sentenced In $2 Million Fraud

DALLAS (March 7, 2013)—Frank Christopher Olivera, the former corporate spokesman for Grapevine-based computer game retailer Gamestop, has been sentenced to prison after admitting to defrauding the company out of almost $2 million.

Olivera was vice president of corporate communications and public affairs for the retailer.

A federal judge in Dallas sentenced Olivera to 4 years and 3 months in prison after he pleaded guilty to mail fraud.

Court documents show Olivera has repaid most of the money he took, but U.S. District Judge Jane Boyle ordered him to pay more than $57,000 left unpaid and more than $77,000 in additional restitution.

He could have been sentenced to as much as 20 years in federal prison and fined as much as $250,000.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 196221041 - kwtx.com/a?a=196221041