Armenian businessman charged with Medicare fraud pleaded guilty on Thursday and will face up to 10 years in jail.

Arthur Manasarian, 49, was using his Brunswick medical supply company as front in Medicare fraud scheme, The Florida Times-Union reports.

However, he offered no explanation about his submission of $7.5 million to $20 million in phony claims to Medicare through Brunswick Medical and his eight other businesses in Savannah, New Mexico and California, the newspaper writes.

Co-defendants, Sahak Tumanyan, 44, and his wife, Hasmik Tumanyan, 39, will stand trial on money laundering conspiracy charges.

All three Armenians were among 73 defendants in a nationwide organized crime ring that submitted more than $163 million in phony Medicare claim