A prominent Houston megachurch pastor who counseled presidents and top executives pleaded guilty on Wednesday of conspiracy to sell $3.5 million in worthless bonds to elderly investors.
Kirbyjon Caldwell, senior pastor at the Windsor Village United Methodist Church in Houston, one of the nation’s largest Protestant churches with about 17,000 members, faces between five and seven years in jail and a fine of up to $250,000 under his plea agreement.
