SCANDAL erupted when reality stars Todd and Julie Chrisley
were accused of evading their taxes from 2008 to 2016.
The pair are getting ready for sentencing scheduled later this year after being found guilty of tax evasion, wire fraud, and conspiracy to commit bank fraud.
On June 7, 2022, Todd and Julie Chrisley were found guilty of bank fraud and tax evasion, according to a court clerk for the northern district of Georgia.
According to TMZ, “their accountant, Peter Tarantino, was also found guilty on related charges, including aiding and abetting the filing of false tax returns.”
Sentencing is set for October and the pair face up to 30 years in prison.
For now, the Chrisleys have been released on bond and must participate in a location monitoring program and home detention, according to Deadline.
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On the latest episode of their podcast, Chrisley Confessions, the reality stars discussed how they feel about the conviction.
“We did want to come on today and let everyone know that it’s a very sad, heartbreaking time for our family right now,” Todd said.
“But we still hold steadfast in our faith and we trust that God will do what he does best because God’s a miracle worker and that’s what we’re holding out for.”
In August of 2019, Todd and Julie were accused of conspiring to defraud “numerous banks” by giving the institutions false personal financial statements and other information while getting millions of dollars in loans, the US Attorney’s Office for the Northern District of Georgia said.
“Todd and Julie Chrisley are charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned,” Byung J. Pak, the United States attorney for the Northern District of Georgia, said.
Todd and Julie Chrisley reportedly turned themselves in to an FBI office in Atlanta hours after they were indicted.
The couple walked into the courtroom shackled but walked out “vowing to fight,” WBS in Atlanta reported.
They pled not guilty on all charges and maintained their innocence.
A judge set an unsecured bond of $100,000 each with travel restrictions.
“We stand in our faith, and we stand in what we know is right. We are fortunate to have the counsel that we have, and our family will stick together, and we’ll walk this road because we know that the good Lord will hold our hand and take us through,” Todd said.
In a lengthy Instagram post, Todd told fans the couple fell victim to an ex-employee who somehow convinced federal agents to go after them.
The caption reads: “Thank you all for your love and support. Our family will forever be grateful God bless you all!”
“To get revenge, he took a bunch of his phony documents to the U.S. Attorney’s office and told them we had committed all kinds of financial crimes, like tax evasion and bank fraud,” Todd wrote.
He continued: “That got their attention all right, but once we had a chance to explain who he was and what he’d done to us, they realized it was all a bunch of nonsense and they sent him on his way.”
Chrisley Knows Best is a popular reality show on the USA Network – airing since March 2014.
The show follows the lives of eccentric multimillionaire real estate developer Todd Chrisley, his wife, Julie, and their adult children.
The second half of season nine of Chrisley Knows Best premieres on Thursday, June 23, 2022, at 9pm on the USA Network.
The show can also be streamed on Peacock.
Todd Chrisley is known as “the patriarch of perfection” for the Chrisley clan.
He is known to fans for being materialistic and flashy with his reckless spending on nice cars and expensive clothes.
The 53-year-old lives in a $3.3million home in Nashville with his wife, Julie, 49, who he has been married to since 1996.
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The pair have three children together: Chase, 26, Savannah, 24, and Grayson, 16.
