A Bellefontaine man pleaded guilty to two felony counts Monday in federal court, ending a seven-year case.
Todd Lamb, 39, pleaded guilty to one count of interstate transport of a stolen motor vehicle and one count of wire fraud.
Lamb was scheduled to go on trial Monday in Columbus.
According to court documents, Lamb sold equipment and other goods under his companies named Almite Services and Almite Auctions on County Road 130. He also sold stolen vehicles and equipment through the businesses.
The plea agreement calls for Lamb to pay $60,000 in restitution to the victims. The court could order further restitution. He faces a maximum sentence of 30 years in prison.
U.S. District Judge Michael Watson said sentencing will happen in about ten weeks.
Two others have entered guilty pleas for their role in the scheme. Lamb's wife, Karen, pleaded guilty to a misdemeanor charge of making false statements relating to transfer of a vehicle title and was sentenced to six months probation in October 2012.
Former employee Daniel Huffman pleaded guilty in June 2011 to one count of conspiring with Lamb to transport vehicles stolen in Indiana, Pennsylvania, and Missouri to Lamb's shop. After altering the manufacturers' ID numbers, the vehicles were sold to unsuspecting buyers.
Huffman is awaiting sentencing.
In March 2011, Lamb was indicted on weapons charges.
A federal grand jury indicted Lamb for illegally possessing five machine guns.
Lamb was also charged with making false statements on paperwork filed with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF).
Deputies from the Logan County Sheriff’s Office said they found the five machine guns when they were called to Lamb's business.
According to the indictment, Lamb filed a tax renewal and registrations form with ATF on June 12th, 2006 claiming his business had a license to sell machine guns, but he is not a licensed dealer.