The former manager of an Eastern Bank branch in Newton is headed to prison after pleading guilty to making false statements on a loan application that cost the bank over $90,000.

Alexander Grinis, 47, of Jamaica Plain, was sentenced in federal court last week to nine months in prison, two years of supervised release and ordered to pay restitution of $91,403.

Grinis pleaded guilty to one count of making false statements on loan applications in May. Grinis was arrested and charged in June 2018 with co-defendant Igor Moiseev, 59, of Newton, who previously pleaded guilty and is awaiting sentencing.

Grinis assisted Moiseev in opening a checking and savings accounts at Eastern Bank with the license and Social Security card of another individual, without the knowledge or consent of that person, in February 2015. Later that year, Grinis assisted Moiseev in adding the individual to a business account in the name of TFC Enterprises LLC. Thereafter, Moiseev forged the individual’s name on applications for two purported business loans.

On each loan application, Grinis falsely certified that he had complied with all bank procedures and, as a result, the loans were approved. The proceeds of the two loans were subsequently distributed to the business checking account and Moiseev forged the individual’s name on checks and withdrew money from the account to pay for his own personal expenses. In addition, Moiseev, with Grinis’ assistance, caused proceeds from the business checking account to be wire transferred to Russia, Canada and elsewhere overseas using the individual’s name. Both loans defaulted and were never paid back to Eastern Bank, resulting in a loss of over $90,000.