DeSoto County Circuit Judge Robert Chamberlain gave Davis a 10-year sentence but suspended 7 ½ years, meaning the maximum prison time would be 2 ½ years, The Commercial Appeal reported. The top sentence would have been 20 years for embezzlement and five years for fraud.
Chamberlin could consider a request from Davis, 48, to be released on bond during an appeal.
“I still honestly believe that I did not do anything intentionally wrong,” Davis said in court Thursday. “I do understand that the jury has found me guilty. Maybe if I could get a chance to go back, I’d do things differently. I am not afraid to accept the responsibility of what I have done. I just hope the court will consider all the circumstances.”