Wagdy A. Guirguis, the former president of Guam Resource Recovery Partners, was sentenced to five years in prison in Honolulu, Hawaii.
On Nov. 20, 2018, a jury convicted Guirguis of conspiracy to defraud the United States along with co-conspirator Michael Higa.
In addition, Guirguis was also convicted of three counts of filing false corporate income tax returns, one count of failure to file a corporate income tax return, three counts of tax evasion, one count of corruptly endeavoring to obstruct and impede the Internal Revenue Service (IRS), and one count of witness tampering.
The convictions arose from a scheme to divert funds from Guirguis’ business entities for his own personal benefit and to avoid the payment of federal employment taxes, corporate and individual income taxes, and IRS penalties.
Guirguis is a longtime proponent of a waste-to-energy incinerator plant for Guam through his firm Guam Resource Recovery Partners.
He has since resigned from GRRP but the company has not given up on operating a waste to energy plant on Guam.