Todd and Julie Chrisley sentenced for fraud and tax offenses

CNN
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Actuality TV stars Julie and Todd Chrisley have been sentenced to jail in federal court docket on Monday.

The ‘Chrisley Is aware of Finest’ couple have been convicted in June of conspiring to defraud banks out of greater than $30 million in fraudulent loans, CNN beforehand reported. Moreover, they have been convicted of a number of tax crimes, together with trying to defraud the Inner Income Service.

Decide Eleanor L. Ross sentenced Todd Chrisley to 12 years in jail with three years of probation. His spouse Julie Chrisley was sentenced to seven years in jail and three years of probation. Their accountant Peter Tarantino was sentenced to 3 years in jail and three years on probation, Ryan Buchanan, U.S. Legal professional for the Northern District of Georgia, mentioned at a information convention after the sentencing listening to.

In line with the Division of Justice, proof within the case confirmed that the Chrisleys have been in a position to get hold of the loans by submitting false financial institution statements, audit stories and monetary statements. The cash was used to purchase luxurious automobiles, designer garments, actual property and journey, a DOJ press launch mentioned.

Then, whereas incomes hundreds of thousands of {dollars} on their former actuality present, the Chrisleys, together with their accountant, conspired to defraud the IRS and evade assortment of delinquent taxes.

“Chrisley Is aware of Finest” debuted in 2014 on the USA Community. New episodes, filmed earlier than the trial, will debut subsequent yr.

In a brief assertion to CNN in June, certainly one of Todd Chrisley’s attorneys, Bruce Morris, mentioned they have been “disillusioned with the decision” and deliberate to enchantment.

CNN has reached out to reps for the Chrisleys and Tarantino to touch upon Monday’s sentencing.