Colorado Resident Charged With Offering Fraud In Atlanta
Heidi Ann Gamer was charged last week by the SEC with operating a $771,900 offering fraud involving two companies, one of which was based in Atlanta, Georgia. Gamer’s victims included people who participated in substance-abuse programs.
Gamer was CEO of Gamer Media Partners Corp. out of Atlanta and Gamer Economic Systems LCC out of Colorado. She allegedly represented to investors that she would raise funds so the companies could buy interactive technology licensing rights for products such as smart-phone applications that the companies planned to develop and market. Gamer also allegedly solicited investors by misrepresenting the existence of contracts and licensing deals. During the course of the fraud, much of her investors’ funds were used for non-business expenses, including casino gambling, vacations, and shopping, according to the SEC.
Additionally, Gamer represented to potential investors that her Atlanta company landed large contracts with a movie studio, a college, and the Atlanta Falcons. These deals, however, did not exist. Instead, she used investor funds for her personal use, including her condominium rent, pet grooming, and to help send an acquaintance to a private California weight-loss resort.
If you or someone you know has lost money as a result of an investment or Ponzi scheme, please contact Richard Frankowski at 888-741-7503 to discuss your potential legal remedies.