Current:Home > MarketsReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Clarity Finance Guides
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-15 22:53:57
ATLANTA (AP) — A federal judge was set to re-sentence reality TV star Julie Chrisley on Wednesday after an appeals court ordered a new sentence for her conviction on bank fraud and tax evasion charges.
Chrisley and her husband, Todd Chrisley, gained fame on their show “Chrisley Knows Best,” which followed their tight-knit family and extravagant lifestyle. A jury in 2022 found them guilty of conspiring to defraud community banks out of more than $30 million in fraudulent loans. The Chrisleys were also found guilty of tax evasion by hiding their earnings.
The couple’s accountant, Peter Tarantino, stood trial with them and was convicted of conspiracy to defraud the United States and willfully filing false tax returns.
A three-judge panel of the 11th U.S. Circuit Court of Appeals in June upheld the convictions of the Chrisleys and Tarantino but found a legal error in how the trial judge had calculated Julie Chrisley’s sentence by holding her accountable for the entire bank fraud scheme. So the appellate panel sent her case back to the lower court for re-sentencing.
Federal prosecutors argued in a court filing this month that the judge should give Julie Chrisley the same seven-year sentence she originally imposed. Chrisley’s lawyers asked for a total sentence of no more than five years, writing that her two youngest children have been struggling with “day-to-day functioning” in her absence.
Before the Chrisleys became reality television stars, they and a former business partner submitted false documents to banks in the Atlanta area to obtain fraudulent loans, prosecutors said during the trial. They accused the couple of spending lavishly on luxury cars, designer clothes, real estate and travel, and using new fraudulent loans to pay off old ones. Todd Chrisley then filed for bankruptcy, according to prosecutors, walking away from more than $20 million in unpaid loans.
Julie Chrisley was sentenced to serve seven years in federal prison and Todd Chrisley got 12 years behind bars. The couple was also ordered to pay $17.8 million in restitution.
On appeal, the Chrisleys challenged aspects of their convictions and sentences, and Tarantino sought to have his conviction thrown out and have a new trial.
The appellate judges found only one error with the case. They ruled the trial judge at sentencing held Julie Chrisley responsible for the entire bank fraud scheme starting in 2006. The panel ruled neither prosecutors nor the trial judge cited “any specific evidence showing she was involved in 2006.”
The panel found sufficient evidence tying her to fraud from multiple years starting in 2007.
Todd Chrisley, 56, is at a minimum security federal prison camp in Pensacola, Florida, with a release date in September 2032, according to the federal Bureau of Prisons website. Julie Chrisley, 51, had been held at a facility in Lexington, Kentucky.
Tarantino, 62, is in a halfway house in the Atlanta area and is set for release in March, the prison agency’s website says.
veryGood! (3)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- OpenAI releases AI video generator Sora to all customers
- In a First, Arizona’s Attorney General Sues an Industrial Farm Over Its Water Use
- How to watch the Geminid meteor shower this weekend
- Stamford Road collision sends motorcyclist flying; driver arrested
- Fortnite OG is back. Here's what to know about the mode's release, maps and game pass.
- Highlights from Trump’s interview with Time magazine
- Rooftop Solar Keeps Getting More Accessible Across Incomes. Here’s Why
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Joe Burrow’s home broken into during Monday Night Football in latest pro
- 'Yellowstone' Season 5, Part 2: Here's when the final episode comes out and how to watch
- Travis Hunter, the 2
- Alex Jones keeps Infowars for now after judge rejects The Onion’s winning auction bid
- Rebecca Minkoff says Danny Masterson was 'incredibly supportive to me' at start of career
- Jim Carrey Reveals Money Inspired His Return to Acting in Candid Paycheck Confession
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Morgan Wallen's Chair Throwing Case Heading to Criminal Court
What is Sora? Account creation paused after high demand of AI video generator
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit