Current:Home > InvestReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Lighthouse Finance Hub
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-12 07:20:12
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! (2633)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Lab-grown chicken coming to restaurant tables and, eventually, stores
- Police arrest, charge suspect for allegedly hitting 6 migrants with SUV
- Mega Millions jackpot soars above $1 billion ahead of Tuesday night's drawing
- Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
- Police officer shot and wounded; suspect also hit in Los Angeles suburb of Whittier
- After the death of his wife, actor Richard E. Grant vowed to find joy every day
- Chipotle is giving away free guacamole Monday. Here's how to get some.
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Report says 3 died of blunt force injuries, asphyxiation in Iowa building collapse
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Angus Cloud, of Euphoria fame, dead at 25
- Lady Gaga shares emotional tribute to Tony Bennett: I will miss my friend forever
- Driver who hit 6 migrant workers outside North Carolina Walmart turns himself in to police
- Meta releases AI model to enhance Metaverse experience
- GOP presidential race for Iowa begins to take shape
- Accessorize in Style With These $8 Jewelry Deals From Baublebar
- Missouri governor rejects mercy plea from man set to be executed for killing 6-year-old girl
Recommendation
Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
Angus Cloud's 'Euphoria' brother Javon Walton, aka Ashtray, mourns actor: 'Forever family'
Voting rights groups urge court to reject Alabama's new congressional map
'Narrow opportunity' to restore democracy in Niger after attempted coup: US official
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Long Island and Atlantic City sex worker killings are unrelated, officials say
Euphoria Actor Angus Cloud’s Final Moments Detailed in 911 Call
Lawsuit accusing Subway of not using real tuna is dismissed