Reality TV stars Todd and Julie Chrisley to be sentenced
ATLANTA (AP) — Todd and Julie Chrisley were driven by greed as they engaged in an extensive bank fraud scheme and then hid their wealth from tax authorities while flaunting their lavish lifestyle, federal prosecutors said, arguing the reality television stars should receive lengthy prison sentences. The Chrisleys gained fame with their show “Chrisley Knows Best,” which follows their tight-knit, boisterous family. They were found guilty on federal charges in June and are set to be sentenced by U.S. District Judge Eleanor Ross in a hearing that begins Monday and is likely to extend into Tuesday.
Nov. 21 (UPI) -- Reality television stars Todd and Julie Chrisley were sentenced Monday to a combined 19 years in federal prison for bank fraud and tax evasion. © Jim Ruymen/UPI Julie and Todd Chrisley have been sentenced to federal prison following convictions for bank fraud and tax evasion. File photo by Jim Ruymen/UPI
The celebrity couple -- who found fame in 2013 when the USA Network picked up their reality series Chrisley Knows Best -- is scheduled to report to prison on Jan. 15.
On Monday, an Atlanta judge 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.
For the Chrisleys, What’s Next?
“Everything that they say on the show can be used against them by the government.”On the June 23 episode of Chrisley Knows Best, the Chrisley family acted out their usual 1950s television-family shtick by spending the afternoon refiling spice jars in the kitchen. The family patriarch, Todd, barreled in with a big announcement: He was joining a gardening club.
The Chrisleys were found guilty in June of conspiring to defraud community banks of more than $30 million in fraudulent loans. Federal prosecutors accused the couple of submitting false bank statements to make it appear that they were wealthier than they were in loan applications between 2007 and 2012.
Prosecutors said the couple spent the money on luxury cars, real estate and travel and then used new fraudulent loans to pay off old loans. Todd Chrisley eventually filed for bankruptcy and walked away from $20 million of debt.
The Chrisleys were also convicted of tax evasion and conspiring to defraud the Internal Revenue Service. Julie Chrisley was found guilty of wire fraud and obstruction of justice.
The pair's former attorney, Peter Tarantino, was sentenced Monday to three years in prison. Tarantino was found guilty in June of conspiracy to defraud the United States and willfully filing false tax returns to help the Chrisleys hide money they made from their reality show, according to prosecutors, and prevent the IRS from collecting unpaid taxes.
Grayson Chrisley of Chrisley Knows Best injured in car crash ahead of parents' sentencing
The teen was hospitalized, and his vehicle was totaled.Grayson Chrisley, the teenager known for appearing on the reality show Chrisley Knows Best alongside his parents, Todd and Julie Chrisley, was hospitalized earlier this month after being injured in a car crash in Nashville.
"When you lie, cheat and steal, justice is blind as to your fame, your fortune and your position," Keri Farley, special agent in charge of FBI Atlanta, said in June when the couple was convicted. "In the end, when driven by greed, the verdict of guilty on all counts for these three defendants proves once again that financial crimes do not pay."
- Todd Chrisley, wife Julie found guilty of bank fraud, tax evasion
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Julie and Savannah Chrisley on Raising 10-Year-Old Chloe amid Family's Legal Woes: 'She's Dealing' .
"All of the legal issues that we've had going on, she's heard about, and she's dealing with it in her own way," Savannah said of Chloe during Monday's pre-recorded episode of the Unlocked podcast that Chloe is fully aware of what's happening. "She listens. She listens more than you think," Savannah said. RELATED: Savannah Chrisley Says She's 'So Angry' Over Family's Legal Troubles: 'My Whole Life Could Change' "She'll put on her headphones and act like she is listening to something when in reality nothing's on," Savannah explained.