Aguilar who is suspended from law practice after he pleaded guilty to money laundering will serve five years in probation.
The Guam Bar Ethics Committee recommended Aguilar’s suspension and he consented.
Aguilar was a victim of a fraud scheme out of Hong Kong that targeted attorneys, according to the U.S. Attorney’s Office.
He responded to an email solicitation for a lawyer and entered into a lawyer-client relationship with the soliciting party which turned out to be false.
He received a check for his services. He took out money from the Bank of Guam to pay off his personal and business debts despite knowing that the check deposited there had no funds.
He pleaded guilty to two counts of money laundering to avoid facing the possibility of serving 20 years in prison and paying a fine of $500,000.
He was ordered to pay restitution of up to $200,000 to the Bank of Guam. The court will determine how he will pay by installments.
