Current:Home > ContactReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -AlphaFinance Experts
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
Charles H. Sloan View
Date:2025-04-09 23:35:32
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! (2812)
Related
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- Pennsylvania GOP lawmakers roll out higher ed plan built around grants and tuition discounts
- ISIS stadium threat puts UEFA Champions League soccer teams on alert for quarterfinals
- South Carolina’s top officer not releasing details on 2012 hack that stole millions of tax returns
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Iowa puts $1 million toward summer meal sites, still faces criticism for rejecting federal funds
- Nashville school shooting families accuse senator of using bill to get his way in records lawsuit
- Horoscopes Today, April 10, 2024
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Mike Tyson vs. Jake Paul: Promoter in talks to determine what is 'possible' for fight rules
Ranking
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Former NBA guard Nate Robinson: 'Not going to have long to live' without kidney replacement
- ISIS stadium threat puts UEFA Champions League soccer teams on alert for quarterfinals
- WIC families able to buy more fruits, whole grains, veggies, but less juice and milk
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Mississippi bill would limit where transgender people can use bathrooms in public buildings
- Why is the EPA regulating PFAS and what are these “forever chemicals”?
- Chad Daybell's desire for sex, money and power led to deaths of wife and Lori Vallow Daybell's children, prosecutor says
Recommendation
Police remove gator from pool in North Carolina town: Watch video of 'arrest'
Arizona’s abortion ban is likely to cause a scramble for services in states where it’s still legal
Why is the EPA regulating PFAS and what are these “forever chemicals”?
Astrology Influencer Allegedly Killed Partner and Pushed Kids Out of Moving Car Before April 8 Eclipse
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Shannen Doherty, Holly Marie Combs and More Charmed Stars Set for Magical Reunion
There's a new apple hybrid that's both 'firm and tasty.' And the public gets to name it
Henry Smith: Summary of the Australian Stock Market in 2023