The court previously heard Anonuevo was successful on only one occasion, extorting $50,000 from a Rouse Hill family in April last year.
He was arrested in July in the driveway of his home in northwest Sydney after a failed attempt to collect money from a victim.
The court previously heard Anonuevo had been heavily in debt and wanted money to support his family.
Some of his victims, who cannot be named for legal reasons, cried outside court, telling reporters they were relieved at the outcome.
"Our lives have been totally destroyed,'' said one woman, who paid Anonuevo $50,000.
"After reading (his) letter I felt like something had died inside.
"I've never, ever felt that pain before in my life.''
Anonuevo will be eligible for parole in August 2014.
- AAP