San Jose >> A 58-year-old Scotts Valley man who pleaded guilty to three counts of fraud for running a ponzi scheme that defrauded investors of about $60 million in investments was sentenced to more than 10 years in prison in federal court in San Jose on Thursday.

Chris Luck’s sentencing came after two days of victims detailing about how the scheme affected their lives. Luck and his co-defendants, John Geringer of Scotts Valley and Keith Everts Rode of Los Angeles, were indicted on 38 federal charges of fraud in 2012.

Luck, Geringer and Rode began the scheme in 2006 when investors received falsified account statements showing positive returns, according to the indictment.

After two years of litigation, Geringer pleaded guilty June 4, Luck on July 21 and Rode on Dec. 15.

Thursday, Luck’s attorney argued for a sentence of six months in prison and six months of house arrest, citing factors such as his family and arguing to minimize his role in the process.

But U.S. District Judge Edward Davila was not convinced. Though a probation report recommended 121 months — about 10 years — in prison, Davila opted to add nine months to the recommendation.

Mark Witzig, a Santa Cruz attorney engaged in litigation against GLR Growth Fund, was in court for both days of victims reading letters and described the stories as heart wrenching.

Witzberg said Davila expressed how troubled he was by the facts of the case, calling Luck egocentric and greedy.

In addition to the prison sentence, Davila ordered Luck to pay $33.2 million in restitution.

The company, GLR Growth Fund was managed out of an office on the 4400 block of Scotts Valley Drive.

Geringer served as director of the fund, with Luck as a partner and Rode, who then lived in Wisconsin, as the accountant.