Former GameStop vice president pleads guilty to fraud charges

Former GameStop vice president of corporate communications Chris Olivera has pleaded guilty to fraud for the theft of nearly $2m from the Texas-based company.

As part of his job as the public face of the games retailer, Olivera oversaw the handling of invoices from vendors.

Court documentsprovided by Eric Nicholson of theDallas Observer claimthat Olivera formed a fake company, Cloud Communications LLC, and a fake point of contact, Jennifer Miller, which he used to regularly bill GameStop for $40,500.

This scheme continued from 2009 until GameStop caught on in 2011, allowing Olivera to amass about $1.97 million.

Though GameStop does not comment on matters still pending in court, a spokesperson toldKotakuthat the company had terminated Olivera last year, and had cooperated fully with federal investigators.

Story originally published on Develop