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Reality television stars Todd and Julie Chrisley were recently convicted and sentenced on federal charges including bank fraud and tax evasion. The couple were found guilty of tax evasion and defrauding community banks out of more than $30 million in fraudulent loans to fund their luxurious lifestyle. Julie was also convicted of wire fraud and obstruction of justice.
Todd, 54, was sentenced to 12 years in prison, while his wife Julie, 49, was sentenced to 7 years for bank fraud and tax evasion. In addition to their prison sentences, they each received an order of 16 months probation from U.S. District Judge Eleanor Ross in Atlanta, news outlets reported.
The Chrisleys, who moved from Atlanta to Nashville in 2015, gained fame with their show “Chrisley Knows Best,” which follows their tight-knit, boisterous family. They were found guilty after an Atlanta trial in June 2022 and now face lengthy prison sentences.
Here's what we know about the case and what happens to the Chrisleys next.
Where will Todd and Julie serve their prison time?
A federal judge in Atlanta recommended Todd serve his 12-year sentence at the federal prison camp in Pensacola, Florida, and Julie Chrisley, 49, serve her seven-year sentence at the Federal Correctional Institute in Coleman.
However, if FCI Coleman is full, the court recommended she serve her time at FCI Tallahassee, according to court records filed Monday in the Northern District of Georgia. The Tallahassee prison is home to at least one other notorious inmate: disgraced British socialite Ghislaine Maxwell, who arrived earlier this year.
Sam Mangel, a former convict who helps inmates and their families navigate the federal correctional system, said Julie Chrisley could land at federal prison camps in Marianna or Fort Worth, Texas.
How much do the Chrisleys have to pay back?
In addition to prison time, the couple has been ordered to immediately pay $17 million in restitution to the banks they swindled millions from, according to judgement documents. The Chrisleys spent millions on designer brand clothes, luxury cars and real estate, including two mansions in Nashville, Tennessee, reportedly worth about $9 million.
What are the Chrisleys accused of?
Both Chrisleys were charged with one count of conspiracy to commit bank fraud, five counts of bank fraud, one count of conspiracy to defraud the United States and one count of tax fraud. Julie Chrisley is also charged with one count of wire fraud and one count of obstruction of justice.
The Chrisleys were initially indicted on tax evasion charges in August 2019 and a new indictment was filed in February of this year. Prosecutors allege that the couple submitted fake documents to banks when applying for loans. Julie Chrisley also submitted a false credit report and fake bank statements when trying to rent a house in California, and then the couple refused to pay rent a few months after they started using the home, the indictment says.
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The Chrisleys also used a film production company they controlled to hide income to keep the IRS from collecting unpaid taxes owed by Todd Chrisley, prosecutors say.
In 2019, Todd Chrisley denied any wrongdoing in a lengthy Instagram post. He said he was aware that he and his wife were going to be named in a federal indictment for tax evasion "and probably a bunch of other financial crimes as well."
They were found guilty in June 7, 2022 on charges of bank fraud, tax evasion and conspiring to defraud the IRS. Julie Chrisley was also convicted of wire fraud and obstruction of justice.
After they were found guilty, Judge Ross allowed the Chrisleys to remain free on bond. But she placed them on location monitoring and home detention, meaning they can only leave the house for certain reasons, including work, medical appointments and court appearances. They also have to alert their probation officers to any spending over $1,000, according to a order entered at the time of the verdict.
Indictment: Fake bank statements and credit reports
Todd and Julie are accused of submitting fake bank and financial statements to financial institutions to get millions of dollars in loans, much of which they used for their personal benefit from at least 2007 to 2012, the indictment says. They tried to hide their involvement by falsely claiming they didn't know their then-employee had submitted false documents, the indictment says.
Julie Chrisley sent a fake credit report and bank statements showing far more money than they had in their accounts to a California property owner in July 2014 while trying to rent a home, the indictment says. A few months after they began using the home, in October 2014, they refused to pay rent, causing the owner to have to threaten them with eviction.
Money the Chrisleys received from their television show went to a company they controlled called 7C's Productions, but they didn't declare it as income on federal tax returns, prosecutors said. The couple failed to file or pay their federal income taxes on time for multiple years, the indictment says.
Chrisley's accountant also charged
Peter Tarantino, an accountant hired by the Chrisleys, is charged with one count of conspiracy to defraud the United States and two counts of willfully filing false tax returns. He was found guilty of defrauding the United States and willfully filing false tax returns. He will serve three years in prison.
The indictment says Tarantino helped the Chrisleys hide income and lie about their tax returns, telling the IRS that Todd Chrisley didn't have enough money to pay a tax debt from 2009 despite money coming into their production company that they spent on personal purchases, the indictment says.
He also filed false corporate tax returns for 7C's Productions to make it look like the company wasn't making money, the indictment says.
Tarantino was found guilty of conspiracy to defraud the IRS and willfully filing false tax returns. He is set to be sentenced along with the Chrisleys.
Todd and Julie have three children: Chase, 26; Savannah, 24; and Grayson, 16. Lindsie, 32, and her brother Kyle, 30, are Todd's children from a previous marriage. The Chrisleys also have full custody of the 10-year-old daughter of Todd Chrisley’s son from a prior marriage. Grayson was involved in a car accident Nov. 12 when he drove into the back of another vehicle that was sitting in traffic, causing injuries to the driver, according to a Metropolitan Nashville Police Department report.
Are the Chrisleys still on TV?
Earlier this year, the "Chrisley Knows Best" series was renewed by USA for a 10th season, while the spinoff "Growing Up Chrisley," featuring Chrisley kids Chase and Savannah living in Los Angeles, was renewed for a fourth season. E! also announced that it was also moving forward with a new dating series, "Love Limo," hosted by Todd Chrisley, days before the trail was set to begin. All three shows involving the Chrisley family have since been canceled.
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Where do the Chrisleys live now?
After leaving the Atlanta suburbs, Todd and Julie currently live in Nashville where they announced in 2021 they have plans to open a Southern home-cooking restaurant in Nashville, in addition to a "classy" champagne bar. The Chrisleys, who moved from Atlanta to Nashville in 2015, said they were looking for a spot in Green Hills or Belle Meade.
"If we’re going to participate in something, I want to participate in something classy, and you’re not out here bar fighting," Todd told The Tennessean in August 2021. "This seemed a classier version."
This article originally appeared on Nashville Tennessean: Todd and Julie Chrisley sentencing: What we know about federal charges