A Stephensville businessman's fraudulent scheme has left him with more than a decade of prison time, and he will have to give up over 90 collector vehicles in order to pay the victims back.

What we know: Clayton Lloyd Iley, 41, who operated an insurance brokerage business called Clayton Texas Legacy Insurance Group, LLC, was sentenced to more than 13 years in prison for wire fraud and identity theft, according to the U.S. Department of Justice.

What the scheme entailed Dig deeper: Prosecutors said Iley offered a scam loan program to multiple victims, telling them he could invest their funds in the program he knew did not exist.