Current:Home > NewsReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -PureWealth Academy
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
TradeEdge Exchange View
Date:2025-04-09 17:55:11
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! (23268)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Dramatic video shows Indonesia's Mount Ruang volcano erupting as lightning fills clouds of hot gas and debris
- Below Deck’s Captain Lee Shares Sinister Look at Life at Sea in New Series
- Drew Barrymore left a list of her past lovers at this 'It's Always Sunny in Philadelphia' actor's home
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Julia Fox gets real on 'OMG Fashun,' vaping, staying single post-Ye and loving her son
- Mike Tyson vs. Jake Paul fight rules are set. They just can't agree on who proposed them.
- What are PFAS? 'Forever chemicals' are common and dangerous.
- American news website Axios laying off dozens of employees
- Campaign to legalize sports betting in Missouri gets help from mascots to haul voter signatures
Ranking
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Brittney Griner 'Coming Home' interview shows not just her ordeal in Russia, but her humanity
- The Fed indicated rates will remain higher for longer. What does that mean for you?
- Amid arrests and chaos, Columbia's student radio station stayed on air. America listened.
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- 'Horrific scene': New Jersey home leveled by explosion, killing 1 and injuring another
- Answering readers’ questions about the protest movement on US college campuses
- King Charles’ longtime charity celebrates new name and U.S. expansion at New York gala
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
'Pure evil': Pennsylvania nurse connected to 17 patient deaths sentenced to hundreds of years
Mike Tyson vs. Jake Paul fight rules are set. They just can't agree on who proposed them.
Barbra Streisand, Melissa McCarthy and the problem with asking about Ozempic, weight loss
Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
Peloton laying off around 15% of workforce; CEO Barry McCarthy stepping down
Anya Taylor-Joy Hits the Bullseye in Sheer Dress With Pierced With Arrows
The Best Mother’s Day Gifts for All the Purrr-Fect Cat Moms Who Are Fur-Ever Loved