A New Jersey man has admitted scheming to sell several firearms federal prosecutors say are believed to have once belonged to the family of former Iraqi president Saddam Hussein.

Prosecutors say 58-year-old Carlos Manuel Quirola of New Milford pleaded guilty Wednesday to conspiracy to transport stolen firearms.

The guns were allegedly stored in Florida and shipped to New Jersey, where Quirola sought to find a buyer. He faces up to five years in prison when he's sentenced in June.

Seven guns with an estimated value of $250,000 to $350,000 were seized in December 2012. Among them was a .357 semi-automatic pistol featuring a gold medallion "QS" believed to indicate Saddam Hussein's son, Qusay.

Two other defendants have pleaded guilty; a fourth is scheduled for trial in May.