Former Cendant Corp. Vice Chairman E. Kirk Shelton was sentenced Wednesday to 10 years in prison and ordered to pay full restitution for his role in an accounting scandal that cost investors more than $3 billion.

U.S. District Judge Alvin Thompson in Hartford also ordered Shelton to pay almost $3.3 billion to Cendant, including an initial payment of $15 million by October and monthly payments of $2,000 per month once he is out of prison.