A man accused in a scheme to illegally ship nearly $300 million in Chinese-made ammunition to the Afghan military has agreed to a plea deal that recommends he serve just two years of probation.

Under the deal, prosecutors will drop 84 counts of wrongdoing in exchange for 23-year-old Efraim Diveroli of Miami Beach pleading guilty to a conspiracy charge. He will also be fined $500,000.

Diveroli's AEY Inc. was awarded a $298 million U.S. Army contract to provide the ammuminition to Afghanistan. The contract forbade exporting Chinese ammunition, but prosecutors say the company did it anyway and claimed the rounds were from Albania.

Sentencing is scheduled for November 10.