A Miami businessman who federal prosecutors said hoped to use a Soviet-era Foxtrot submarine to smuggle drugs into the U.S. and Canada was convicted Monday in Fort Lauderdale of conspiracy to import and distribute cocaine.

The eight-week trial before U.S. District Court Judge Wilkie Ferguson featured federal drug agents, Navy intelligence experts, and evidence gained from wiretaps and undercover meetings.

Sentencing for Juan Almeida, 39, has been set for Aug. 6. He faces a maximum statutory penalty of 10 years to life imprisonment.

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