Former Watertown city councilor Thomas "Gus" Bailey pleaded guilty in federal court today to trafficking marijuana out of his Waltham warehouse, according to the US Attorney's office.
Bailey, who served as a councilor in Watertown from 2001 through 2005, was arrested in October 2011 after police found 1,062 pot plants and 300 pounds of loose cut marijuana, worth around $2 million, along with $20,000 in cash at his 269 Lexington St. warehouse, authorities said.
Bailey, whose trial was set to begin today, pleaded guilty to one count of conspiracy to manufacture and distribute marijuana, one count of distribution of marijuana, and one count of conspiracy to commit money laundering, according to the US Attorney's office.
Barbara Waldman, Bailey's ex-wife, also pleaded guilty today to conspiracy to commit money laundering.
Both are scheduled for sentencing on Feb. 27, representatives from the US Attorney's office said.
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