
Todd and Julie Chrisley were charged with fraud earlier this month, Courtesy (Google).
- An Atlanta federal jury has found Todd and Julie Chrisley guilty of bank fraud and tax evasion
- Todd Chrisley Has “Nothing to Hide” Amid Financial Crimes Allegations
- The couple faces up to 30 years behind bars
An Atlanta federal jury convicted the reality stars guilty of tax evasion and bank fraud after nearly three weeks of testimony from prosecutors and witnesses, according to the U.S. attorney’s office in Atlanta, as reported by the Associated Press.
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According to a court document obtained by NBC News, the Chrisley Knows Best performers were federally indicted in August 2019 on 12 counts, including wire fraud, conspiracy to commit bank fraud, and conspiracy to defraud the United States.
According to the Associated Press, the couple pled not guilty to the allegations but were convicted guilty on all counts on June 7.
According to Insider, the couple could face up to 30 years in prison. At a later date, they will be sentenced.
Todd responded to the indictment with a message denying any misconduct. “We have nothing to hide and nothing to be embarrassed by,” he wrote with a photo of his family on Instagram. “Not only do we know we didn’t do anything illegal, but we have a tonne of concrete evidence and a slew of corroborating witnesses to back it up.”
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Todd attributed the legal wrangling to a former employee who was fired in 2012 after the Chrisleys discovered he had been “stealing from us big time.” According to him, the worker retaliated against the family by sending “forged documents” to the US attorney’s office and told federal prosecutors that “we had done all kinds of financial crimes.”
According to Insider, who cited court documents, federal prosecutors claimed Todd, his wife Julie, and their accountant, Peter Tarantino, filed phoney bank documents and lied about their wealth when seeking loans from 2007 through 2012.
Todd, Julie, and Peter were charged with five charges of bank fraud, one count of bank fraud conspiracy, one count of conspiracy to defraud the United States, and one count of tax fraud, respectively. Julie was also charged with one count of obstruction of justice and one count of wire fraud, as well as two counts of willfully filing false tax forms by the accountant.
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