New York - A man convicted of conspiring to defraud more than 30,000 Americans out of about $31 million was sentenced on Thursday to 16 years in prison by a judge who called his mortgage scheme “callous and heartless.”

Dionysius Fiumano, of Irvine, California, also was ordered to pay $11.9 million in forfeiture and restitution by U.S. District Judge John F. Keenan, who presided over a spring trial.

The judge recalled that a Manhattan jury returned its verdict in less than an hour, demonstrating that “proof of guilt was overwhelming.” He said Fiumano and others at a company that operated under multiple names carried out “a callous and heartless mortgage modification scheme” from November 2011 through May 2014, causing more than 60 homeowners to lose their homes.

Fiumano oversaw about 65 telemarketers and managers in his role as general manager of sales at the company, Vortex Financial Management Inc., which also was known as Professional Marketing Group and Professional Legal Network.... Read More: VIN