Home Boston Press Releases 2012 Former Controller Sentenced for Embezzling from Newton Company
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Former Controller Sentenced for Embezzling from Newton Company

U.S. Attorney’s Office September 27, 2012
  • District of Massachusetts (617) 748-3100

BOSTON—A Natick woman was sentenced today in federal court for embezzling money from a video production company.

Irina Cholodenko, 45, pleaded guilty to bank fraud and was sentenced to 27 months in prison and ordered to pay restitution.

Cholodenko served as a controller and vice president at a Newton-based video production company. Between 2005 and 2010, Cholodenko forged her employer’s signature on company checks and caused electronic funds transfers totaling more than $197,000. Cholodenko deposited some of the funds into her personal bank account and used other funds to pay her credit card bills.

United States Attorney Carmen M. Ortiz and Richard DesLauriers, Special Agent in Charge of the Federal Bureau of Investigation-Boston Field Division, made the announcement today. The case was investigated by the FBI. It is being prosecuted by Assistant U.S. Attorney Sandra S. Bower of Ortiz’s Economic Crimes Unit.

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