Todd and Julie Chrisley found guilty on all charges in federal court
Chrisley is supposed to know best, but not in this case. The reality television patriarch is now in some hot water and his wife, Julie, is right along with him and they're going to federal prison.
Todd and Julie Chrisley, stars of the reality television show "Chrisley Knows Best," have been found guilty in Atlanta on federal charges including bank fraud and tax evasion.
Todd and Julie Chrisley have learned their fate
After nearly three weeks of testimony from prosecutors and witnesses, an Atlanta federal jury found the reality stars guilty of tax evasion and bank fraud, according to a press release from the U.S. attorney's office for the Northern District of Georgia
The U.S. attorney's office alleged the Chrisleys conspired to defraud banks out of more than $30 million of personal loans using false bank statements and more.
Todd Chrisley & Julie Chrisley Found Guilty Of Bank Fraud & Tax Evasion
TMZ reports that the verdict is in for Todd and Julie Chrisley, and it’s not a good one. They were found guilty of bank fraud and tax evasion. Those two charges were included in a “laundry list” of other offenses.
Todd and Julie were found guilty on a laundry list of charges, according to a court clerk for the northern district of Georgia. We’re told their accountant, Peter Tarantino, was also found guilty on related charges, including aiding and abetting the filing of false tax returns.
The two are free on bond and sentencing has not been scheduled. Todd Chrisley’s attorney, Bruce Morris, told the outlet that, “We are disappointed in the verdict. We plan an appeal.” It seems that their legal woes and battles are far from over.
They were indicted back in 2019 as prosecutors claimed that they defrauded banks by obtaining millions of dollars in loans. The U.S. Attorney’s Office also claimed that they cheated the government by evading federal income taxes as well.
The indictment specified that Todd Chrisley had his business partner make it show that $4 million was in his account when it wasn’t in this scheme. Feds also obtained an email from Todd to his business partner that proclaims, “You are a f*cking genius!!!! Just make it show 4 mil+.” We have to wonder if he feels the same way now.
The Chrisley’s are heading to prison
An Atlanta federal jury has found Todd and Julie Chrisley guilty of bank fraud and tax evasion.
Todd, Julie and Peter Tarantino were each charged with five counts of bank fraud, one count of conspiracy to commit bank fraud, one count of conspiracy to defraud the United States and one count of tax fraud. Additionally, Julie was charged with one count of obstruction of justice and one count of wire fraud, while the accountant was also hit with two counts of willfully filing false tax returns.
According to a court clerk for Georgia's northern district, the 'Chrisley Knows Best' performers were found guilty on a variety of offenses. Their accountant, Peter Tarantino, was found guilty on related crimes, including aiding and abetting the filing of fake tax returns.
"We are disappointed at the result," Todd's lawyer Bruce Morris said in a statement to TMZ. We intend to file an appeal."
In 2019, the three were charged. Prosecutors alleged they obtained millions of dollars in loans through defrauding banks. They were also charged of defrauding the government by dodging federal income taxes, according to the US Attorney's Office.
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Todd Chrisley's father, Gene Raymond Chrisley, spent decades in prison for burglary, armed robbery, larceny, motor vehicle theft, assaulting a police officer, escape from prison, check fraud and many other heinous acts of crime in Georgia, South Carolina, North Carolina and Alabama.