Reality TV stars Julie and Todd Chrisley were sentenced to prison in federal court on Monday.
The “Chrisley Knows Best” couple were found accountable for conspiracy to defraud a bank away from a loan that is fraudulent of $30 million in June. CNN previously reportedAdditionally, these people were convicted of numerous tax crimes, including an effort to defraud the Internal Revenue Service.
Judge Eleanor L. Ross sentenced Todd Chrisley to 12 years in prison and three years release that is supervised. His wife Julie Chrisley was sentenced to seven years in prison along with her 36 months of supervised release. Their accountant, Peter Tarantino, was sentenced to 3 years in prison and released under supervision for a few years, U.S. Attorney when it comes down to Northern District of Georgia Ryan Buchanan said at a press conference following the sentencing hearing. rice field.
In accordance with the Justice Department, evidence in case indicated that the Chrisleys managed to receive the loan by submitting bank that is false, audit reports, and financial statements. The funds were utilized to shop for luxury cars, designer clothing, real property and travel, relating to a Justice Department news release.
Then, which makes millions on a reality that is former, the Chrisleys conspired with an accountant to cheat the IRS and steer clear of collecting delinquent taxes.
“Chrisley Knows Best” debuted on USA Network in 2014. New episodes filmed prior to the trial are set to debut year that is sometime next.
Bruce Morris, certainly one of Todd Chrisley’s attorneys, said in a statement that is brief CNN in June which he was “disappointed with all the verdict” and intentions to appeal.
CNN has now reached off to representatives for Chrisley and Tarantino for touch upon Monday’s ruling.