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Natick woman sentenced to 2+ years in prison after embezzling money from Newton firm

Posted by Jaclyn Reiss  October 2, 2012 02:07 PM

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A Natick woman was sentenced last week in federal court to serve time in prison after an FBI investigation found she embezzled money from a video production company.

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

Cholodenko served as a controller and vice president at VideoLink, 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.

The case is being prosecuted by Assistant US Attorney Sandra S. Bower.

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Jaclyn Reiss can be reached at jaclyn.reiss@globe.com

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