Santa Rosa woman charged with stealing $400,000 from San Carlos tech firm
SAN CARLOS – A 50-year-old Santa Rosa woman stands accused of embezzling more than $400,000 from the San Carlos-based tech firm where she worked as an office manager and bookkeeper, prosecutors said.
Tina Cabudoy is charged with 32 felony counts of embezzlement and three misdemeanor counts of embezzlement, San Mateo County District Attorney Steve Wagstaffe said. She appeared in Superior Court on Monday but did not enter a plea.
Cabudoy started working for Brainoft Inc. in 2018 and began embezzling funds in 2020, Wagstaffe said, adding that the thefts continued through March 2023, when the CEO noticed several suspicious entries on the books. The CEO investigated and uncovered the thefts, according to Wagstaffe.
“The defendant accomplished most of the embezzlements by taking checks written by customers to Brainoft and depositing the checks in her own bank account,” he said.
Wagstaffe said Cabudoy also used a website, www.bills.com, to have customer payments deposited directly into her own account.
Cabudoy embezzled a total of $403,905 from the company, according to Wagstatffe.
On Monday, the San Mateo County Sheriff’s Office said the tech firm reported the theft last June. Cabudoy was identified as a suspect following a months-long probe and arrested on March 20.
Cabudoy is scheduled to return to court on April 3 for a hearing on a defense motion to reduce her bail and entry of plea. She remains in custody on $200,000 bail.
The case remains under investigation. Anyone with information can contact Detective David Brandt at dbrandt@smcgov.org or 650-363-4064, or the tip line at 800-547-2700.