‘Chrisley Knows Best’ Stars Todd and Julie Chrisley Found Guilty of Tax Evasion, Facing 30 Years!
‘Chrisley Knows Best’ Stars Todd and Julie Chrisley Found Guilty of Tax Evasion, Facing 30 Years!
Todd Chrisley and his wife Julie have been found guilty of conspiracy to defraud banks and hiding their income from the IRS for many years.
Todd Chrisley was convicted of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the United States and tax fraud.
Julie Chrisley was convicted of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the United States, tax fraud, and wire fraud.
Their former attorney, Peter Tarantino, was also convicted of conspiracy to defraud the United States and willfully filing false tax returns.
Todd and Julie Chrisley emerged on the reality TV scene in 2013 with the premiere of their USA Network reality series, Chrisley Knows Best. They were accused by federal prosecutors of falsifying financial records to appear wealthier than they were to apply for more than $30 million in loans, which they spend on a luxury lifestyle they couldn’t afford.
When the banks caught on to them, the Chrisleys filed for bankruptcy, walking away from $20 million in debt. The couple went on to hide money from the IRS, with the help of Tarantino, prosecutors argued.
The Chrisleys blamed former business partner, Mark Braddock, for turning them into the FBI, and claimed he was also a fraudster.
Mark Braddock, who was part owner of Todd Chrisley’s real estate foreclosure business, Chrisley Asset Management, admitted that he had created fake documents to send to banks to get loans on behalf of himself and the Chrisleys. Todd denied the affair and claims Braddock was “obsessed” with him.
He also admitted to impersonating Todd Chrisley on multiple occasions and claims he committed fraud on Todd’s behalf because they were gay lovers. According to Braddock, he had a year-long affair with Todd Chrisley.
Attorney for Todd Chrisley, Bruce Morris, argued that emails from his client’s account could have been sent by Braddock, who was given immunity by the government. The emails themselves were produced to the government by Braddock, and Morris argued they could also have been faked.
Todd and Julie Chrisley face up to 30 years in prison and are expected to appeal the verdict.
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