OMAHA, Neb. (AP) — A Nebraska man has been sentenced to 16 years in federal prison for hiring someone to set his struggling manufacturing business on fire in an attempt to obtain $4.3 million in insurance money.

The U.S. Attorney’s Office in the District of Nebraska says 53-year-old Thomas Schropp was sentenced Thursday and ordered to pay $7.6 million in restitution. He was convicted in February of arson and insurance fraud.

Upon release from prison, Schropp must serve three years of supervised release.

Prosecutors say Schropp’s business, PK Manufacturing in Nashville, Nebraska, was purposefully set on fire in November 2008 after he asked an associate to burn it down for $20,000. They say Schropp then filed an insurance claim, which was denied.

Schropp’s attorney previously said he plans to appeal the verdict.