Thursday, August 21, 2014

Former Springs newspaper saleswoman sued by SEC

Posted By on Thu, Aug 21, 2014 at 1:54 PM

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Heidi Ann Gamer, a 41-year-old who previously sold ads for the Gazette (and other local news organizations, if you believe her dual LinkedIn profiles) is being sued for three counts of fraud by the Securities and Exchange Commission in Georgia district court for allegedly defrauding investors in around nine states of at least $771,900. 

The alleged scam came through two companies controlled by Gamer: Gamer Economic Systems (from Aug. 2011 to Aug. 2012) and Gamer Media Partners (from Aug. 2012 to May 2013), which were said to make smartphone apps. 

Gamer started in Colorado Springs before moving to Atlanta in the summer of 2012, the SEC complaint says, where investors wired or sent checks to her company in order to provide start-up capital. "However, Gamer diverted investor funds for personal uses throughout both offerings," the SEC alleges. "Gamer also told individuals that both GES and, later, GMP had secured licensing rights to certain apps. Yet, no such licensing rights were acquired.

Those deals included "what she told potential investors was a $100,000 contract with Dartmouth College on a joint project, a $1 million contract to use a GMP app in the Bollywood film industry, a $2 million partnership among three companies to deploy the same GMP app in the Middle East, and a contract for an unspecified amount to deploy a GMP app at the stadium for the Atlanta Falcons, a National Football League team. No such deals or commitments existed."

One post on ripoffreport.com says, "My husband, father-in-law, mother-in-law, mother, father, sister, my sister's mother-in-law, and our friends each invested in Gamer Media Partners. Our total investment reached $162,500. Not to mention the bridge loans of at least $35,000."

Another, on reviewstalk.com, says: "Do not give her any money or even your banking account, otherwise all your money will be hers!"

The SEC says some of the "personal uses" included withdrawing funds at ATMs in Las Vegas, restaurant and shipping trips, a vacation in Mexico, a separate vacation in Washington, groceries, fast food, pet grooming "and to help pay for a relative of her Domestic Partner" — whose parents she allegedly bilked $75,000 out of — "to attend a private residential weight-loss and fitness camp in Malibu, California."

The feds are seeking a return "of all ill-gotten gains or unjust enrichment" as well as "such other and further relief as this court may deem just, equitable, and appropriate."

The Gazette reports Gamer has not had criminal action brought against her.

SEC v. Heidi Ann Gamer and Gamer Media Partners Corp.


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