BREAKING NEWS
OK LogoBREAKING NEWS

Todd & Julie Chrisley's Fraud & Tax Evasion Trial Reaches Verdict

todd julie chrisley fraud trial
Source: mega

Jun. 7 2022, Published 3:40 p.m. ET

Link to FacebookShare to XShare to Email

Reality stars Todd and Julie Chrisley have been found guilty of fraud and tax evasion.

After a two-week trial in Atlanta, Ga., the jury convicted Todd, 53, of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the United States and tax fraud, while Julie, 49, was convicted on the same counts in addition to wire fraud.

Article continues below advertisement

Insider reported the duo's former attorney Peter Tarantino was convicted of conspiracy to defraud the United States and willfully filing false tax returns.

The couple face up to 30 years in prison, but their sentencing will come at a later date.

todd julie chrisley fraud trial verdict
Source: mega
Article continues below advertisement

According to reports, the reality stars were accused of creating fake bank documents to secure upwards of $30 million in loans in addition to hiding money from the IRS. In court, lawyer Annalise Peters stated the couple "burned thorough" their money by purchasing luxury items like cars and designer threads.

MORE ON:
Todd Chrisley
Article continues below advertisement

The Chrisley Knows Best leads denied the accusations and put the blame on their former business partner Mark Braddock. Braddock was the one who turned the couple into the feds, and he was granted immunity for doing so.

TODD & JULIE CHRISLEY'S THANKSGIVING CARIBBEAN VACATION REQUEST DENIED BY JUDGE

Article continues below advertisement

Earlier on in the trial, Braddock admitted to assisting Todd in the fraud scheme. He also alleged that the two of them had an affair for over a year, but they continued to work together after ending the romantic aspect of their relationship. In 2012, Chrisley fired Braddock, which was what prompted him to go to the authorities.

During Braddock's testimony, he revealed he and the patriarch were blackmailed for $40,000 over their hookups.

Article continues below advertisement
todd julie chrisley fraud trial verdict
Source: mega

The father-of-five's sexuality has been the talk of the town for years, but he insisted he doesn't care what people say or think. "In order for it to disappoint me, it would mean that I don’t agree with someone being gay," he said of the rumors. "I don’t believe that’s a choice that you make. I believe that you are the way that God has made you. I’m flattered that people think I can get laid on both ends."

The star's attorney Bruce Morris told Radar he was "disappointed with the verdict," and they "expect to appeal."

Advertisement

Want OK! each day? Sign up here!

Opt-out of personalized ads

© Copyright 2024 OK!™️. A DIVISION OF MYSTIFY ENTERTAINMENT NETWORK INC. OK! is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.