A cryptocurrency scammer is finally being brought to justice, and being made to pay back his victims. James Matthew Thomas, of Midland, Michigan, has been ordered to pay back $208,718 to victims who were duped into thinking they had perhaps invested in CoinPoint, reports the Great Falls Tribune.

Thomas, 35, pleaded guilty in October to wire fraud and money lending charges. These charges originated from Thomas’ scheme to convince victims he worked for CoinPoint, and was seeking investors for the company. He promised returns of 30% to 40% in just a few days’ time.

An individual named in court as Victim 1 sent Thomas $6,948 in cryptocurrency. Thomas then returned a roughly 30% return, as promised, in the amount of $9,203. This got Victim 1 excited, recruiting a second victim, family and friends to invest more. Altogether, another $685,000 was sent to Thomas for new investments.

When Victim 1 contacted Thomas to check up on the new investments at a coinpointpartners.net email address, Thomas replied that the funds were doing well. Victim 1 even received emails from other supposed CoinPoint employees.