Judge Decides To Declare Missing Millionaire Dead

FORT LAUDERDALE (CBSMiami) -- A judge decided Thursday to declare a millionaire, missing for almost three years, officially dead.

On Wednesday, the wife of missing multi-millionaire Guma Aguiar appeared in court, asking for the judge to declare him dead.

While the two have been battling with each other to control his estate, they both agreed on this matter so they could have access to his money.

READ: Family Of Missing Millionaire Battles Over Estate 

On the stand Wednesday, Aguira's wife and mother of his four kids immediately started to tear up as she was questioned about what happened after she reported the millionaire missing. 

"The police showed up at our house and said they found his boat had washed ashore," said Jamie Aguiar.  

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The lawyers also questioned the mother about Aguiars whereabouts. She said she hasn't heard from her oldest son since June 19, 2012.

READ: Wife, Mother Of Missing Millionaire Want Him Declared Dead

The wife also testified that there has been no activity on his bank accounts for nearly three years. 

Lawyers brought out the lead detective in Aguiar's missing person investigation, Detective Steven Novak, who told the judge about the condition in which his boat was found.

"The boat was ashore...the ignition was in the on position. The lights were on. The board and the throttle was in the forward position," said Novak.

READ: New Video Shows Missing Millionaire Heading Out To Sea

While the decision has been made to declare Aguiar dead, the feud over his hundred million dollar fortune will likely continue.

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