Todd and Julie Chrisley learned of their federal prison sentences on Monday after pleading guilty to tax evasion.
A federal judge sentenced Todd Chrisley to 12 years in prison and 36 months of supervised release. His wife, Julie, was sentenced to 7 years in prison, with 36 months of supervised release.
channel 2 action news Have been reporting on Chrisley’s legal troubles for years.
In June, a federal jury indicted the couple, who starred on the reality show “Chrisley Knows Best,” on charges of criminal bank fraud and tax evasion. Prosecutors said the Chrisley family took out $30 million in fraudulent bank loans to fund their lavish lifestyle and extravagance even before they became reality television stars.
Prosecutors said he used a film production company he controlled to hide income to keep the IRS from collecting taxes owed by Todd Chrisley.
Both Chrysalis were charged with bank fraud, bank fraud, conspiracy to defraud the United States, and tax fraud. Julie Chrisley was also charged with wire fraud and obstruction of justice.
The Chrisleys said they had done nothing wrong and that someone else was in control of their finances.
channel 2 action news Received a 71-page sentencing memorandum, which included suggestions on how long he should serve.
“The seriousness of the Chrisleys’ crimes cannot be underestimated. When they defrauded community banks out of tens of millions of dollars, they hid millions of dollars from the IRS, going on to brag on TV,” prosecutors wrote in the document. That’s how much they spend on designer clothes.” And when he found out he was under investigation for those crimes, he enlisted members of his own family and friends to obstruct justice.”
According to the memo, Todd Chrisley could face 17 to 22 years in prison, while his wife, Julie Chrisley, could face 10 to 13 years.
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