Current:Home > ScamsChainkeen|Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Global Finance Compass
Chainkeen|Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
Surpassing View
Date:2025-04-11 05:10:51
ATLANTA (AP) — A federal judge was set to re-sentence reality TV star Julie Chrisley on ChainkeenWednesday 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! (24171)
Related
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- 'The Daily Show’ live debate episode with Jon Stewart: Start time, where to watch and stream
- Flash flood sweeps away hamlet as Vietnam’s storm toll rises to 155 dead
- New bodycam video shows police interviewing Apalachee school shooting suspect, father
- Louvre will undergo expansion and restoration project, Macron says
- USPS is ending discounts for shipping consolidators that tap into its vast delivery network
- Ex-Michigan players, including Braylon Edwards, Denard Robinson, suing NCAA, Big Ten Network
- 'Happy Gilmore' sequel's cast: Adam Sandler, Bad Bunny, Travis Kelce, more confirmed
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- When does the 2024 MTV VMAs start? Date, time, what channels to watch the awards
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Check Out All the Couples You Forgot Attended the MTV VMAs
- Khloe Kardashian’s Daughter True Thompson Bonds With Cousin Dream Kardashian in Cute Videos
- Germany’s expansion of border controls is testing European unity
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Dax Shepard Sets the Record Straight on Rumor He and Wife Kristen Bell Are Swingers
- Florida jurors deliberate about activists accused of helping Russia sow political division, chaos
- Ex-Michigan players, including Braylon Edwards, Denard Robinson, suing NCAA, Big Ten Network
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Amid fears of storm surge and flooding, Hurricane Francine takes aim at Louisiana coast
Exclusive: Loungefly Launches New Star Wars Mini Backpack & Crossbody Bag in Collaboration With Lucasfilm
When does NHL season start? Key dates for 2024-25
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
South Carolina, UConn celebrate NCAA championships at White House with President Biden
Watch as Sebastian Stan embodies young Donald Trump in new 'Apprentice' biopic trailer
Abortion-rights measure will be on Missouri’s November ballot, court rules