Reality TV stars Todd and Julie Chrisley were sentenced Monday to years in prison for bank fraud and tax evasion.
Todd Chrisley of “Chrisley Knows Best” was sentenced Monday to 12 years in prison, while Julie Chrisley got seven years, after the couple was convicted in Atlanta in June. Each was ordered to undergo three years of supervised release afterward, and the duo must pay restitution, too.
They received the sentence from U.S. District Judge Eleanor Ross after flaunting their lavish lifestyle on the show. Meanwhile, they were scamming like mad, prosecutors said, procuring $30 million in fraudulent loans.
When the scheme disintegrated, they declared bankruptcy and walked away. Then they got their friends and family members to lie in court.
“The Chrisleys have built an empire based on the lie that their wealth came from dedication and hard work,” prosecutors wrote. “The jury’s unanimous verdict sets the record straight: Todd and Julie Chrisley are career swindlers who have made a living by jumping from one fraud scheme to another, lying to banks, stiffing vendors and evading taxes at every corner.”
When convicted earlier this year, they faced up to 30 years in prison. Indicted in 2019, they were accused of conspiring to defraud “numerous banks” between 2007 and 2012 with false information and bank statements to procure loans, according to U.S. Attorney Byung J. Pak.
Julie Chrisley was also convicted on separate wire fraud and obstruction-of-justice charges. Their accountant Peter Tarantino was sentenced to three years.
“Chrisley Knows Best” followed the family’s life in Nashville. USA Network started airing their show in 2014, celebrating the lives of the couple and their five children.
Before the duo was convicted, “Chrisley Knows Best” was renewed for a 10th season. The fate of the show remained unclear on Monday.
With News Wire Services