Todd and Julie Chrisley sentenced for fraud and tax crimes convictions
Reality TV Stars Julie and Todd Chrisley were sentenced to prison in federal court Monday.
The “Chrisley Knows Best” couple were found guilty in June of conspiracy to defraud banks out of more than $30 million in fraudulent loans, CNN previously reported. In addition, they were found guilty of several tax crimes, including attempting to defraud the Internal Revenue Service.
Judge Eleanor L. Ross sentenced Todd Chrisley to 12 years in prison with three years of supervised release. His wife Julie Chrisley was sentenced to seven years in prison and three years of supervised release. Their accountant Peter Tarantino was sentenced to three years in prison and three years of supervised released, Ryan Buchanan, US Attorney for the Northern District of Georgia, said during a press conference after the sentencing hearing.
According to the Department of Justice, evidence in the case showed that the Chrisleys were able to obtain the loans by submitting false bank statements, audit reports and financial statements. The money was used to buy luxury cars, designer clothes, real estate and travel, a DOJ press release stated.
Then, while earning millions of dollars on their former reality show, the Chrisleys, along with their accountant, conspired to defraud the IRS and evade collection of delinquent taxes.
“Chrisley Knows Best” debuted in 2014 on the USA Network. New episodes, filmed prior to the trial, will debut sometime next year.
In a statement provided to CNN late Tuesday, the family’s attorney, Alex Little, of Burr & Forman LLP, said, in part: “Yesterday was a difficult day for the Chrisley family. But Todd and Julie are people of faith, and that faith gives them strength as they appeal their convictions.”
The statement also claimed the trial “was marred by serious and repeated errors” and that “we are optimistic about the road ahead.”
CNN has reached out to representatives for Tarantino for comment on Monday’s sentencing.
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