Current:Home > InvestReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Stellar Wealth Sphere
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-27 19:08:32
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! (18321)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Biden administration unveils new U.S. Cyber Trust Mark consumer label for smart home devices
- Bachelor Nation's Clare Crawley Expecting First Baby Via Surrogate With Ryan Dawkins
- In Louisiana, Climate Change Threatens the Preservation of History
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Travis Barker Praises Pregnant Kourtney Kardashian's Healing Love After 30th Flight Since Plane Crash
- Tearful Damar Hamlin Honors Buffalo Bills Trainers Who Saved His Life at ESPYS 2023
- NOAA warns X-class solar flare could hit today, with smaller storms during the week. Here's what to know.
- 'Most Whopper
- Indoor Pollutant Concentrations Are Significantly Lower in Homes Without a Gas Stove, Nonprofit Finds
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Remembering Cory Monteith 10 Years After His Untimely Death
- Texas Project Will Use Wind to Make Fuel Out of Water
- Activists Rally at Illinois Capitol, Urging Lawmakers to Pass 9 Climate and Environmental Bills
- Travis Hunter, the 2
- After Cutting Off Water to a Neighboring Community, Scottsdale Proposes a Solution
- Ryan Reynolds, John Legend and More Stars React to 2023 Emmy Nominations
- Amid Glimmers of Bipartisan Interest, Advocates Press Congress to Add Nuclear Power to the Climate Equation
Recommendation
Trump wants to turn the clock on daylight saving time
Drowning Deaths Last Summer From Flooding in Eastern Kentucky’s Coal Country Linked to Poor Strip-Mine Reclamation
Why Khloe Kardashian Forgives Tristan Thompson for Multiple Cheating Scandals
Flood-Prone Communities in Virginia May Lose a Lifeline if Governor Pulls State Out of Regional Greenhouse Gas Initiative
Dick Vitale announces he is cancer free: 'Santa Claus came early'
If You’re Booked and Busy, Shop the 19 Best Prime Day Deals for People Who Are Always on the Go
In Louisiana, Climate Change Threatens the Preservation of History
Make Your Life Easier With 25 Problem-Solving Products on Sale For Less Than $21 on Prime Day 2023