AUSTIN (KXAN) – A man arrested in connection to the March 2020 murder-for-hire deaths of a Nashville couple entered a plea deal Wednesday. The deal was then accepted by a federal judge.

On Dec. 1, Gilad Peled, 48, submitted a motion to modify his plea. Peled was originally charged with murder for hire, conspiracy to kidnap resulting in death and kidnapping resulting in death.

Court documents said the guilty plea was for all three charges. Each charge has a maximum penalty of life imprisonment and a term of supervised release of no more than 5 years. A fine of up to $250,000 was also listed in the documents.

Erik Charles Maund, a partner in the Maund Automotive Group and Austin resident, was accused of hiring Peled and two others to kill his former girlfriend Holly Williams, 33, and William Lanway, 36, who claimed to be in a relationship with Williams.

According to past court records, Lanway reportedly demanded money from Maund and said he would expose Maund’s relationship with Williams if he did not send it. Indictment records said Maund was married.

Peled was arrested Dec. 10, 2021, by FBI agents. On the day of his arrest, court documents said he also agreed to make a controlled phone call to Maund in an effort to assist federal agents in the investigation.

Documents said if the government determines Peled has provided substantial assistance in the investigation and prosecution of another in the case, then it could recommend sentencing below the otherwise mandatory minimum sentence.

By a federal judge accepting the guilty plea, Peled will be listed as a convicted felon. Once convicted, it was determined Peled must also forfeit $630,000, according to court documents.

Peled’s sentencing hearing for the case was set for 10 a.m. April 28, 2023.