Todd Chrisley Convicted Of Bank Fraud And Tax Evasion

Todd Chrisley

Todd and Julie Chrisley, stars of the reality show “Chrisley Knows Best,” were found guilty on federal charges including bank fraud and tax evasion on Tuesday in Atlanta.

The Chrisleys were first charged in August of this year, and a new indictment was issued in February of this year. Their trial began three weeks ago, and a jury found them guilty on Tuesday of conspiring to defraud community banks out of more than $30 million in fraudulent loans, according to U.S. Attorney Ryan Buchanan’s office in Atlanta. They were also convicted of conspiracy to defraud the IRS and tax evasion, while Julie Chrisley was convicted of wire fraud and obstruction of justice.

Prosecutors claimed that the Chrisleys used forged documents to obtain loans from banks. When trying to rent a house in California, Julie Chrisley allegedly submitted a false credit report and fake bank statements. 

Prosecutors said they used a company they controlled to conceal income in order to keep the IRS from collecting unpaid taxes owed by Todd Chrisley.

Todd Chrisley’s Tax Evasion Case Verdict.

After being found guilty, U.S. District Judge Eleanor Ross released the Chrisleys on bond. However, she placed them on location monitoring and home detention, which means they can only leave the house for work, medical appointments, and court appearances. According to the order issued on Tuesday, they must also notify their probation officers of any expenditures in excess of $1,000.

“Chrisley Knows Best” follows the Chrisley family, who are close-knit and boisterous. The series was recently renewed for a tenth season by the USA, while the spinoff “Growing Up Chrisley,” which follows Chrisley children Chase and Savannah as they grow up in Los Angeles, was recently renewed for a fourth season by E!

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