What to Know
Luis Hernandez-Gonzalez's property was raided in June 2016 and police found millions of dollars.
Marijuana trafficking charges were dropped as part of his guilty plea deal.
He will be allowed to keep his hydroponics indoor gardening supplies store.
In a guilty plea deal, the Miami Lakes man who hid $22 million of suspected marijuana trafficking funds in five-gallon buckets will keep $4 million, his home, his hydroponics garden supplies store and five Rolex watches.
Luis Hernandez-Gonzalez, 46, on Wednesday pleaded guilty in federal court to money laundering and structuring bank deposits to avoid the federal government's reporting requirement, known as smurfing, his attorney confirmed to NBC 6.
Marijuana trafficking and other charges were dropped as part of the plea agreement.
The June 2016 raid on Hernandez-Gonzalez's home was the largest money seizure in the Miami-Dade Police Department's history – money found hidden in 24 buckets purchased at Home Depot.
Hernandez-Gonzalez's The Blossom Experience store in Miami-Dade sold items such as lights, fertilizers and watering equipment for indoor gardening. Similar businesses – though legal – have long been accused of facilitating and encouraging the underground production of marijuana.
Hernandez-Gonzalez was recorded in conversation giving advice to others on how to care for marijuana plants and he later admitted to helping customers grow cannabis, authorities said.
Sentencing is scheduled for April. 20 – coincidentally, a celebratory day in cannabis culture.
Hernandez-Gonzalez faces up to 30 years in prison. However, his defense team hopes he receives a lower sentence of about five years.