‘OK, I did it!’ Decades in prison for million-dollar money launderer?

A Glendale man pleaded guilty Monday to federal money laundering and tax charges stemming from a scheme to launder the proceeds of a health care fraud scheme through five sham corporations.

Aram Aramyan, 59, entered a plea to one count each of conspiring to commit money laundering and filing a false income tax return, which together carry a possible maximum sentence of 23 years in federal prison, according to Assistant U.S. Attorney Cathy Ostiller.

Aramyan acknowledged that he helped conceal more than $1 million from a health care fraud scheme using phony companies he and co-defendants owned and operated.

Khachatour Hakobyan, 46, also of Glendale, is expected to plead guilty next week to related charges, according to the U.S. Attorney’s Office.

U.S. District Judge Margaret M. Morrow set Aramyan’s sentencing for Nov. 2.

— Wire reports