Current:Home > MyReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -AssetTrainer
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-11 14:19:24
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! (6)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Led by Castle and Clingan, defending champ UConn returns to NCAA title game, beating Alabama 86-72
- Heavy Rain and Rising Sea Levels Are Sending Sewage Into Some Charleston Streets and Ponds
- Tens of thousands still without power following powerful nor’easter in New England
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Kamilla Cardoso formidable and immovable force for South Carolina, even when injured
- New York City’s skyscrapers are built to withstand most earthquakes
- ALAIcoin cryptocurrency exchange will launch a series of incentive policies to fully expand its new user base.
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- More than 300 passengers tried to evade airport security in the last year, TSA says
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- GalaxyCoin: Unpacking the driving factors behind Bitcoin’s (BTC) surge
- 2 dead, 7 injured, including police officer, in shooting at Miami martini bar
- Caitlin Clark leads Iowa rally for 71-69 win over UConn in women’s Final Four. South Carolina awaits
- Intel's stock did something it hasn't done since 2022
- What Trades Can You Execute on GalaxyCoin Exchange
- USWNT advances to SheBelieves Cup final after beating Japan in Columbus
- GalaxyCoin: Discover new ways to buy and trade Bitcoin
Recommendation
The White House is cracking down on overdraft fees
Alabama proved it's possible to hang with UConn. Could Purdue actually finish the Huskies?
See What Amanda Bynes, Jennie Garth and the Rest of the What I Like About You Cast Are Up to Now
The Challenge’s Adam Larson and Flora Alekseyeva Reveal Why They Came Back After Two Decades Away
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Lionel Messi scores goal in return, but Inter Miami turns sights on Monterrey after draw
Caitlin Clark leads Iowa to 71-69 win over UConn in women's Final Four
Is it safe to eat runny eggs amid the bird flu outbreak? Here's what the experts say.