Indictment Charges Shelton Woman with Fraud Offenses Stemming from Alleged $700K Embezzlement Scheme

David X. Sullivan, United States Attorney for the District of Connecticut, P.J. O’Brien, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today announced that a federal grand jury in New Haven has returned a five-count indictment charging PAMELA AGUILAR, 65, of Shelton, with fraud offenses stemming from an alleged embezzlement scheme that defrauded a Connecticut company of approximately $700,000.

As alleged in the indictment, Aguilar was employed as Chief Financial Officer of a Connecticut software company, identified in court documents as “Company A.”  Between approximately 2018 and 2025, Aguilar defrauded Company A’s by making ACH and wire transfers from Company A’s account to personal bank accounts, writing checks and making cash withdrawals from Company A’s account, and by making PayPal and credit card payments from Company A’s account for her own benefit.

It is alleged that through this scheme, Aguila stole approximately $700,000 from Company A.  Aguilar attempted to cover up her criminal behavior by providing false weekly cash reports and false monthly financial statements to Company A’s Chief Executive Officer.

The indictment was returned on October 15, 2025.  On October 22, Aguilar appeared before U.S. Magistrate Judge Maria E. Garcia in New Haven, pleaded not guilty to the charges, and was released on a $50,000 bond.

U.S. Attorney Sullivan stressed that 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.

This investigation is being conducted by the Federal Bureau of Investigation and the case is being prosecuted by Assistant U.S. Attorney Ray Miller.