A Connecticut software firm’s former finance chief who was accused of stealing nearly $740,000 from her employer has pleaded guilty to wire fraud.
In a news release issued this week, U.S. Attorney for the District of Connecticut David Sullivan announced that Pamela Aguilar entered the plea in federal court in Bridgeport, Connecticut on Thursday.
Per a plea agreement filed Thursday, Aguilar “used her status as CFO to access” her former employer’s bank accounts and made ACH and wire transfers from them to “bank accounts under her control.” The document said Aguilar additionally used PayPal, credit card payments and checks to move company money to accounts she controlled.
In total, the plea deal said, Aguilar stole $739,466.44 from her former employer between 2018 and 2025.
In “one example among many, on or about March 2, 2022, the defendant caused to be sent in interstate commerce a wire communication originating from a bank in the State of Connecticut to a bank in the State of New York, namely, specially, a wire in the amount of $1,401.35 originating from the victim's account … and being credited to the defendant's bank account,” the document stated.
Sullivan’s news release said Aguilar tried to cover up the theft through “false weekly cash reports and false monthly financial statements” she submitted to the company’s CEO.
Michael Petrick, who represented Aguilar in court, didn’t immediately respond to a request for comment on the case on Friday morning.
The release and court documents identified the victim company only as a Danbury, Connecticut-based software firm. Local media outlet Hartford Business Journal previously said it was MaxQ Technologies, which is based in Danbury.
Aguilar was indicted in November 2025. At the time, Sullivan’s office said she had stolen approximately $700,000 from her former employer. “The investigation revealed that she stole $739,466.44 from the company (the name of which is not disclosed in court documents), and that’s the amount she agreed to pay in restitution,” said a spokesman for Sullivan’s office in an email to CFO.com.
According to Sullivan, Aguilar faces a maximum imprisonment term of 20 years, though sentencing guidelines in the plea deal said that an offense of her level “would result in a range of 27 to 33 months of imprisonment,” along with supervised release of two to three years.