– A Louisiana investment adviser was sentenced Tuesday to six years in prison for his part in a $3.5 million fraud in which customers invested money with a Texas megachurch minister who had counseled two presidents. Smith "persuaded multiple victims to invest approximately $3.5 million with his co-defendant, Kirbyjon H. Caldwell," the statement said. Caldwell, like Smith, pleaded guilty to conspiracy to commit wire fraud and agreed to a sentence of five to seven years. When Caldwell pleaded guilty, prosecutors said he used about $900,000 to maintain his lifestyle and pay down personal loans and mortgages. That earlier news release said Caldwell had made partial restitution to the victims and agreed to pay the remaining $1.95 million before sentencing.