A San Antonio businessman faces up to 20 years in federal prison after pleading guilty on Tuesday to a money laundering conspiracy. The Justice Department says 41-year-old Karen Mgerian pleaded guilty to one count of conspiracy to commit money laundering. He reportedly admitted he conspired to launder millions of dollars in drug money through a scheme involving the sale of luxury cars. Mgerian was arrested on January 31st. He has four co-defendants who face various charges of conspiracy to commit money laundering.