Todd and Julie Chrisley, reality show stars chrisley knows bestAtlanta was found guilty of federal charges on Tuesday, including bank fraud and tax evasion.
The Chrissians were originally charged in August 2019 and a new charge was filed in February of this year. The trial began three weeks ago, and a jury on Tuesday found them guilty of fraudulent bank lending of more than $30 million in fraudulent loans, according to US Attorney Ryan Buchanan’s Atlanta office. They were also found guilty of defrauding the IRS and evading taxes, while Julie Chrisley was convicted of fraud and obstruction of justice.
Bruce Morris, attorney for Todd Chrisley, said he was disappointed with the verdict and was awaiting an appeal.
Prosecutors allege that Chrisley provided false documents to banks to obtain a loan. They said that Julie Chrisley also filed a fake credit report and fake bank statements while trying to rent a home in California.
Prosecutors said prosecutors used a company they controlled to hide the income and prevent tax authorities from collecting Todd Crisley’s unpaid taxes.
After they were found guilty, US District Judge Eleanor Ross pardoned Crisley. But he’s put them on location monitoring and house arrest, meaning they can only leave the house for certain reasons, including work, doctor appointments and court appearances. They must also warn their parole officers about spending more than $1,000, according to an order filed Tuesday.
Peter Tarantino, an accountant employed by the couple, was convicted of conspiracy to defraud the United States and file false tax returns, a federal prosecutor in Atlanta said. It also remains free with the link.
All three expire on October 6th.
chrisley knows best Followed by the tight-knit and demanding Chrisley family. The series has just been renewed in the US for its tenth season, during the Spinoff crisley growing upChrisley’s sons, from Los Angeles, Chase and Savannah recently updated the E! For the fourth season.
The trial began in mid-May, E! announced that he is going ahead with a new dating series, i love limousinePresenter by Todd Chrisley.
“As today’s results show, when you lie, lie and steal, justice doesn’t see your glory, wealth and position,” said Special Agent Carrie Farley, director of the FBI in Atlanta. “Finally, when greed is driven, the guilty verdict for these three defendants demonstrates once again that financial crime doesn’t pay.”
Before Chrysalis became reality stars, they and a former business partner sent false documents to Atlanta-area banks to obtain millions of dollars in fraudulent loans, prosecutors said. They were spending big on expensive cars, designer clothes, real estate and travel, and using fraudulent new loans to pay off old ones, they said. Prosecutors said Todd Chrisley had filed for bankruptcy, leaving more than $20 million in debt.
While her husband was bankrupt, Julie Chrisley created fake financial documents to rent a house in Los Angeles, prosecutors said. After renting the house, the rent could not be paid and the property owner filed an eviction action.
Around the time Todd Chrisley filed for bankruptcy, Chrisley started appearing on his reality show. It was recorded first in the Atlanta area and later in Nashville. They made millions from the program and colluded with Tarantino to defraud the IRS, prosecutors said.
They ran a loan company that collected profits from the show and other businesses and maintained corporate bank accounts in Julie Crisley’s name to avoid half-million-dollar bills owed to Todd Crisley, prosecutors said. When the IRS requested information about the bank accounts, they transferred the property to Todd Crisley’s mother in an attempt to hide her income from the tax authorities, officials said.
Prosecutors said the couple had not filed a tax return or paid any taxes for several years, despite Todd Crisley claiming on a radio show that he was paying between $750,000 and $1 million a year in federal taxes.
Tarantino filed two false corporate tax returns for the loan company, falsely claiming he didn’t make money and didn’t distribute it in 2015 and 2016, prosecutors said.
Julie Chrisley filed a false document in response to a grand jury subpoena to show that Chrisley did not deceive the bank when they turned over the borrowing company’s property to her husband’s mother, prosecutors said.
Source: Hollywood Reporter
Camila Luna is a writer at Gossipify, where she covers the latest movies and television series. With a passion for all things entertainment, Camila brings her unique perspective to her writing and offers readers an inside look at the industry. Camila is a graduate from the University of California, Los Angeles (UCLA) with a degree in English and is also a avid movie watcher.
