A federal grand jury in New Haven has indicted Pamela Aguilar, 65, of Shelton, on five counts related to an alleged embezzlement scheme. The charges claim that Aguilar defrauded a Connecticut software company, referred to as “Company A,” of about $700,000 during her tenure as Chief Financial Officer from 2018 to 2025.
According to the indictment, Aguilar is accused of transferring funds from Company A’s accounts into her personal bank accounts through ACH and wire transfers. She is also alleged to have written checks and made cash withdrawals from the company’s account for personal use. Additionally, she reportedly used Company A’s funds for PayPal and credit card payments benefiting herself.
The indictment further alleges that Aguilar attempted to conceal her actions by submitting false weekly cash reports and monthly financial statements to the company’s Chief Executive Officer.
The indictment was returned on October 15, 2025. Aguilar appeared before U.S. Magistrate Judge Maria E. Garcia in New Haven on October 22, pleaded not guilty, and was released on a $50,000 bond.
“An indictment is not evidence of guilt. Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt,” said U.S. Attorney David X. Sullivan.
The Federal Bureau of Investigation is leading the investigation, with Assistant U.S. Attorney Ray Miller prosecuting the case.
