Rev. Larry Davis, pastor of First Baptist Church of Cold Spring, Ky., pleaded guilty this morning to charges that he lied on a loan application and evaded paying his taxes.
Davis appeared before U.S. District Court Judge David Bunning in Covington and pleaded guilty to two counts of a seven-count indictment.
Davis' sentencing is scheduled for Feb. 17. He faces between 24 and 30 months in prison with no chance of parole. He remains on bond.
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