By Associated Press - Wednesday, May 10, 2017

MIAMI (AP) - A plea hearing has been delayed for a man authorities call a Miami “cocaine cowboy” who was on the lam for 26 years.

Court records show the attorney for 55-year-old Gustavo Falcon needs more time to make financial arrangements. A federal judge delayed Falcon’s arraignment from Thursday until May 25.

Falcon was arrested in April near Orlando, where he lived under an assumed name with his wife.

Falcon vanished in 1991 when he, his older brother Augusto “Willie” Falcon, Salvador “Sal” Magluta and others were charged in a major federal indictment. The gang purportedly smuggled at least 75 tons of cocaine into the U.S. and made some $2 billion during the hyperviolent “Miami Vice” era.

The attorney says Gustavo Falcon will plead not guilty to a cocaine conspiracy charge.

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