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Holley, 69, was indicted and pleaded guilty in 2011 in Mississippi in a scheme to avoid paying federal and state taxes on tobacco products.
The case came back to Mississippi after it was transferred to South Carolina, where a federal judge said he didn’t have enough information to sentence him.
Holley was due to go on trial here Oct. 29 but agreed to a guilty-plea deal.
In October 2010, Holley was indicted on one count of wire fraud and one count of trafficking.
Nearly a dozen north Mississippi guilty pleas have come from charges in a multi-state contraband tobacco investigation.