OK LogoPHOTOS

Todd Chrisley And Wife Julie Surrender To Authorities, Could Face Up To 30 Years In Prison If Found Guilty Of Tax Evasion & Fraud

//Chrisley Knows Best Indictment PP
Source: Shutterstock

Aug. 14 2019, Published 2:16 p.m. ET

Link to FacebookShare to TwitterShare to Email

Todd and Julie Chrisley were indicted on August 13 on 12 counts of tax evasion and fraud and surrendered to authorities in Atlanta on August 14. The Chrisley Knows Best stars claim to be innocent, but if found guilty they would face up to 30 years in prison.

Article continues below advertisement
Chrisley-Knows-Best-Indictment
Source: Shutterstock

Todd, 50, and Julie, 48, were “charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned,” U.S. Attorney Byung J. “BJay” Pak said in a press release. Their accountant, Peter Tarantino, was also indicted.

Chrisley-Knows-Best-Indictment
Source: Shutterstock

According to federal guidelines, the 12-count indictment could amount to a 30-year prison sentence. A government source told RadarOnline.com the reality stars surrendered to the authorities on August 14. They are expected to face a judge the same day.

Article continues below advertisement
Chrisley-Knows-Best-Indictment
Source: Shutterstock

“Celebrities face the same justice that everyone does,” Attorney Byung J. added. “These are serious federal charges and they will have their day in court.”

Chrisley-Knows-Best-Indictment
Source: Shutterstock

The U.S. Attorney claimed that between the years 2007-2017 the Chrisley Knows Best stars allegedly “defraud numerous banks by providing the banks with false information” and “took steps to obstruct IRS collection efforts, which included hiding income, lying to third parties about their tax returns, and – in Peter’s case – lying to FBI and IRS-CI Special Agents.”

Article continues below advertisement
Chrisley-Knows-Best-Indictment
Source: Shutterstock

Todd was aware of the impending indictment and took to Instagram on August 12 to profess the couple’s innocence. “Not only do we know we've done nothing wrong, but we've got a ton of hard evidence and a bunch of corroborating witnesses that proves it," he said.

Chrisley-Knows-Best-Indictment
Source: Shutterstock

The Chrisley Knows Best star claimed a rogue employee stole from the family and threatened other employees if they said anything. “Needless to say, we fired the guy and took him to court — and that’s when the real trouble started,” he said. “To get revenge, he took a bunch of his phony documents to the U.S. Attorney’s office and told them we had committed all kinds of financial crimes, like tax evasion and bank fraud.”

Article continues below advertisement
Chrisley-Knows-Best-Indictment
Source: Shutterstock

What do you think about Todd and Julie’s impending court drama? Let us know in the comments below!

Advertisement
More Stories

© Copyright 2021 Empire Media Group, Inc. OK! is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.