Current:Home > InvestReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Triumph Financial Guides
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-16 16:18:17
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! (67)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- DOJ sues Oklahoma over new law setting state penalties for those living in the US illegally
- Progressive prosecutor in Portland, Oregon, seeks to fend off tough-on-crime challenger in DA race
- Report says home affordability in Hawaii is ‘as bad as it’s ever been’
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Gov. Moore celebrates ship’s removal, but says he won’t be satisfied until Key Bridge stands again
- Nina Dobrev has 'a long road of recovery ahead' after hospitalization for biking accident
- A billionaire gave college grads $1000 each at commencement - but they can only keep half
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Jennifer Garner and Ben Affleck's daughter Violet graduates: See the emotional reaction
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Parole delayed for former LA police detective convicted of killing her ex-boyfriend’s wife in 1986
- Who replaces Iran's President Ebrahim Raisi and what happens next?
- US Open champ Coco Gauff calls on young Americans to get out and vote. ‘Use the power that we have’
- Global Warming Set the Stage for Los Angeles Fires
- Are mortgage rates likely to fall in 2024? Here's what Freddie Mac predicts.
- Explore Minnesota tourism capitalizes on Anthony Edwards' viral Bring ya a** comment
- Inside Carolyn Bessette's Final Days: Heartbreaking Revelations About Her Life With John F. Kennedy Jr.
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Chiefs receiver Rashee Rice won’t face charges from person over alleged assault, Dallas police say
Perfect Match Trailer Reveals This Love Is Blind Villain Is Joining the Cast
What Each Zodiac Sign Needs for Gemini Season, According to Your Horoscope
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Chiefs receiver Rashee Rice won’t face charges from person over alleged assault, Dallas police say
Scottie Scheffler's next court appearance postponed as PGA golfer still faces charges
Are hot dogs bad for you? Here's how to choose the healthiest hot dog