Former GameStop VP gets four years in prison for mail fraud

Frank Christopher Olivera sentenced to 51 months in federal prison after stealing $1.7 million from retailer over course of two years.

A US District Judge has sentenced former GameStop VP Frank Christopher Olivera to 51 months in federal prison (via Polygon) after pleading guilty in November to one count of mail fraud.

His admission to mail fraud carried a maximum 20-year prison sentence and a $250,000 fine.

Olivera stole $1.7 million from GameStop from July 2009 through April 2011 by submitting fraudulent invoices from a made-up company called "Cloud Communications LLC."

In addition to making up a company, Olivera created a fictitious person, "Jennifer Miller," to act as a point of contact for the fake firm. Olivera would deposit checks from GameStop into Cloud Communications' bank account, then transfer the funds to his personal account.

The $1.7 million Olivera stole from GameStop has been returned to the retailer, along with an additional $57,376, the amount unpaid on the loss, and $77,275 in restitution.

Olivera was terminated from his position in 2011. A GameStop representative was not immediately available to comment.

Written By

Eddie Makuch is a news editor at GameSpot, and would like to see the Whalers return to Hartford.

Discussion

112 comments
OldSchoolPlaya
OldSchoolPlaya

Great... now if they would just do the same to those a$$h**e CEOs who work for the big corporations that screwed up the world's entire economy, we would all feel a lot better!

erix43
erix43

What about "our" money? All the gamers this shit company rips off on a daily basis? Too bad most of the funds were recovered. This idiot should have had a separate bank account in another country. 

tightwad34
tightwad34

Only thing that gets me is this guy was obviously a highly paid a-hole. So I guess this just boils down to the greedy get greedier.

wyan_
wyan_

Gamestopped

*puts on sunglasses*

scaperat1
scaperat1

Not surprised. It's Gamestop.

sadscooterpipe
sadscooterpipe

I wonder if the kinds of things will happen to him in prison that I have described to me by every racist, homophobic, foul-mouthed, mother(loving) child on XBL?  

Things that make you go hmmmm ....

Flexanite
Flexanite

SO does this mean I get complimentary 200$ put onto my power-ups reward card?

MaskRisen
MaskRisen

Yep this makes sense. Gamespot robs people on the trade in for games, their VP robs them through fraud. 

Flexanite
Flexanite

So that's why we only got 2 dollars when we traded in our used current gen games.....

decoy1978
decoy1978

Power to the players! /ducks

snakefantasy10
snakefantasy10

EB game and Gamestop, You guys need to go we don't need you need you anymore.  

davidsworld3
davidsworld3

People need to start getting stuff at gamers since they have the retro stuff been quite a while since ive gone to either honestly but when I'm near a gamers I go their instead. Gotta have my old nintendo games!

mos2000
mos2000

It's not the people at Gamestop that's the problem - it's GAMESTOP itself. The place is a rip-off, they only hire for cheap labor like some third world sweat shop,  and Gameinformer sucks. Eb games and GMR magazine were a 1,000 times better... miss those days.

Gamestop just proves how companies monopolizing a particular market 9 x out of 10 is bad for the consumer.  For games I do Gamefly. Haven't been back to Gamestop for a purchase except on a system since.

demonkingx5
demonkingx5

see here's his mistake he stole from the rich that's an problem you steal from the consumers that way you get a lap on the wrist goldman sachs as an example.

SNESNOSTALGIA2
SNESNOSTALGIA2

In fact, let me tell you a story about the gamestop located in Edison, New Jersey. I arrived at the store at 10:30 am. (They were supposed to open at 10) and no one was even there - wasn't open yet lol. So I wait... Around 10 50, an SUV comes barreling ok and a fat disheveled homeless looking black kid who looked like Rick Ross gets out of his car and comes up to unlock the store and STARTS TALKING S*** TO ME because I "took his parking spot in front of the store" (public parking btw) and there were plenty of spots. I basically told him off and he ate it, realizing it was a losing battle because he was wrong And simply woke up on the wrong side of the bed. LOL that's gamestop for ya...

SNESNOSTALGIA2
SNESNOSTALGIA2

Disgusting store, disgusting employees, disgusting experiences 50% of the time I've gone in. Regardless, I must deal with them by default because they killed mom and pops. And now this disgusting story. Disgusted right now, can you tell?

ZOD777
ZOD777

I wonder how long this siphoning took place, and how big the checks were.  I doubt it was 3 or  4 for large sums.  It was more likely over the course of a year or more.  At least, that would be smarter than trying to justify a few larger checks.  Either way, he got caught.

KaSeRRoR
KaSeRRoR

I used to be a GameStop manager and people thinking they can get away with this crap is so funny! What a MoMo! Have fun with Bubba, Olivera!

>=)

Fursnake
Fursnake

He may or may not be much of a actual game player, but he is on for a lot of ass play soon!

mattress805
mattress805

This is probably the same guy that determined what value Gamestop would pay you for yours trade-ins.  lol

Shenmue_Jehuty
Shenmue_Jehuty

The justice system is so messed up in this country; how can this guy get only 4-years, when the guy who robs a 7-11 with a pocket knife and steals $300 get 25-years? It makes no sense! 

ZRavN
ZRavN

wait he laundered 1.7 million through a made up shell company of his own design and he only gets 4 years in jail? How much do you have to take to get 20?

DragonbornBoy86
DragonbornBoy86

@sadscooterpipe too horrible to imagine, the South Park episode where they made fun of Indiana Jones getting raped comes to mind. Ugh that was disturbing but funny in some ways, because Spielberg and Lucas are insane and are killing the Indiana Jones series.


DragonbornBoy86
DragonbornBoy86

@Flexanite it'll be a cold day in Hell before that happens, dude. But at least we'll all get the satisfaction if Gamestop goes under for this.

Flexanite
Flexanite

@MaskRisen It's a shame he only gets 51 months. I would have said burn him at the stake.

Fursnake
Fursnake

@demonkingx5 

Do not pee on the leg of the hand that holds the leash, but certainly bite the hand that feeds you. Confucius surely didn't say that, but he could have.

zer0c99
zer0c99

@SNESNOSTALGIA2  Dude are you talking about the GameStop in Wick Plaza? If so that gamestop is one of the worst I've ever been to. I remember preordering a game and when I came to pick it up, they gave me the opened copy that was on display. The guy told me it was the last one. I was like I preorder it 2 months ago!

jorge69696
jorge69696

@SNESNOSTALGIA2 That's more like someone in a bad mood. Could work for any other company too. You don't have an argument.

DragonbornBoy86
DragonbornBoy86

@SNESNOSTALGIA2 my gamestop manager was and still is a good guy, and so was the senior game advisor, both are my friends to this day. We talk about how the gaming industry is changing all the time. I'd be curious to know what they both think on this subject. I know one of them doesn't like the policies they implement but it's a job and sometimes you gotta do things you don't like when you're upper management or in a retail job. So before you judge, don't judge a book by its cover until you've read the pages, bro, not all Gamestop people are bad. You just gotta know the chill ones from the ones who are douches. Sadly all you're seeing right now is the negative side of Gamestop douchebaggery.

metroidhunterx
metroidhunterx

@Shenmue_Jehuty I agree that he should get a more harsh punishment, but at the same time, he wasn't threatening lives to get what he stole.

ZOD777
ZOD777

@Shenmue_Jehuty White collar crime vs. blue collar crime.  I know, it makes no sense.  Although, one requires an act of violence and intimidation, while the other is less ominous.  Robbery is a much more serious crime than theft no matter the dollar amounts though.  If you hold up a man at gunpoint and all you get is 5 dollars, you would still get much more prison time than if you got caught stealing a 500 dollar watch at a department store.

Ghostdog201
Ghostdog201

@ZRavN That's the problem.  He didn't take enough.  If you take billions or trillions, you can be a Senator or the President.

h4xx0rz
h4xx0rz

@DragonbornBoy86

Goes under?  They have over $1 billion in revenue each YEAR, and they got back the lost $1.7 million.  How is this supposed to make them go under?

SNESNOSTALGIA2
SNESNOSTALGIA2

@jorge69696 @SNESNOSTALGIA2 its still a pretty funny story and worth mentioning. Def worth it to put that one particular branch on blast.

DragonbornBoy86
DragonbornBoy86

@SNESNOSTALGIA2 and I'm sorry you had to deal with that. I think you'd find it's a little different in Connecticut. At least at the one I worked at. They are smart people and they are just doing their jobs, that's how retail is, it's cut-throat. I don't think they get any pleasure outta ripping people off. At least the people I know who work there now.


OldKye
OldKye

@DragonbornBoy86 Another EA debacle has people wanting to petition the supreme court and this is hardly their worst offence.

 I hate to break it too you but internal thievery from a employ may elicit more sympathy then mistrust I doubt it even drops their stocks a whole point EA's only dropped theirs a 7th of a point lol.

DragonbornBoy86
DragonbornBoy86

@h4xx0rz @DragonbornBoy86 bad publicity, might make most think even worse now of GameStop. And with that, it could bring about a downfall.