Stephen Clark, 48, of Montreal was sentenced in Manhattan, N.Y., to 135 months. Federal Court Judge Thomas Griesa also ordered Clark to serve three years of supervised release after his sentence ends and to make restitution to his victims.

Thomas Payne, 36, a New York resident and a former vice-president of HSBC, a bank in New York, was also sentenced Friday. He received a 70-month term for his role in a scheme that bilked more than 100,000 victims, mostly U.S. residents, out of $30 million. The victims were low-income earners with poor credit.

Telemarketers sold people credit cards for people with bad credit. Buyers paid as much as $299 but only received received manuals or CDs on how to repair their bad credit.

Clark and Leslie Pinsky, 53, of Montreal, were singled out as the ringleaders of the telemarketing scam run through a company called First Choice Tele-Services Corp.

Pinsky and Clark were ordered extradited to the U.S. They were alleged to have used an HSBC bank account in New York to debit money from their victims' accounts, and to have laundered $9 million to bank accounts in Israel and Canada.