“The Chrisleys have built an empire based on the lie that their wealth came from dedication and hard work,” According to prosecutors. “The jury’s unanimous verdict sets the record straight: Todd and Julie Chrisley are career swindlers who have made a living by jumping from one fraud scheme to another, lying to banks, stiffing vendors and evading taxes at every corner.”
Chrisleys used fake bank statements and audit records with the help of an ex-business partner and personal financial statements to Bank fraud in Atlanta to Personal loans of more than $36 Million available, according to to The Justice Department. That money was used by the couple. to buy luxury cars, real estate and Other extravagant goods. After they had spent the entire amount, Chrisley filed. for According to the Justice Department, bankruptcy is possible.
After making millions from their reality, they were able to retire with a net worth of over $1,000,000 TV The couple conspired, as it was shown to Peter Tarantino, 60 was the couple’s accountant. To avoid paying about $500,000 in delinquent taxes owed by Mr. Chrisley, the couple opened corporate bank accounts in Ms. Chrisley’s name, according to Justice Department. The I.R.S. But when the I.R.S. for information about the accounts in Ms. Chrisley’s name, the couple changed ownership of their corporate bank account to Another family member to According to the Justice Department, they should hide their income from I.R.S.
(Ms. Chrisley later filed a false document after learning of the grand jury investigation. to A grand jury subpoena to Make it appear that the couple has not lied to When they changed the ownership of their corporate account, the bank to According to the Justice Department, it was a relative.
The couple didn’t file or pay taxes in 2013, 2014., 2015 and 2016, andTwo corporate tax returns were filed by Mr. Tarantino as part of this scheme for The loan-out company falsely claimed it did not make any distributions or earned money in 2015. and 2016 according to The Justice Department.
Judge Ross also sentencing Mr. Tarantino to prison Monday along with the Chrisleys to Three years in prison and Three years probation was served. He was convicted of falsely filing corporate tax returns in June. for the Chrisleys’ company.
Ryan K. Buchanan (the U.S. attorney) for the Northern District of Georgia, said in a statement that the length of the Chrisleys’ sentences reflected “the magnitude of their criminal scheme,” They also added that “should serve as a warning to others tempted to exploit our nation’s community banking system for unlawful personal gain.”