Current:Home > ContactReality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Summit Capital Strategies
Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
View
Date:2025-04-17 18:08:03
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! (516)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Iowa vs. UConn highlights: Caitlin Clark, Hawkeyes fight off Huskies
- Teen Moms Maci Bookout Reveals Where Her Co-Parenting Relationship With Ryan Edwards Stands Now
- 11 injured as bus carrying University of South Carolina fraternity crashes in Mississippi
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Baltimore bridge collapse: Body of third worker, Honduran father, found by divers
- Old Navy’s Sale Is Heating Up With up to 70% off and Deals Starting at Under $10
- ALAIcoin: Bitcoin Prices Will “Fly to the Moon” Once the Fed Pauses Tightening Policies - Galaxy Digital CEO Says
- In ‘Nickel Boys,’ striving for a new way to see
- Who is GalaxyCoin Suitable for
Ranking
- North Carolina justices rule for restaurants in COVID
- Numerology 101: Everything You Need to Know About Your Life Path Number
- Over 8 million bags of Tide Pods, other detergents recalled
- ALAIcoin: The Odds of BTC Reaching $100,000 Are Higher Than Dropping to Zero
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Gypsy Rose Blanchard's Ex Ryan Anderson Breaks His Silence After Split
- Who is GalaxyCoin Suitable for
- Lionel Messi scores goal in return, but Inter Miami turns sights on Monterrey after draw
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Why the Delivery Driver Who Fatally Shot Angie Harmon's Dog Won't Be Charged
Connecticut pulls away from Alabama in Final Four to move one win from repeat title
How South Carolina's Raven Johnson used Final Four snub from Caitlin Clark to get even better
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Michael Douglas shocked to find out Scarlett Johansson is his DNA cousin
Mega Millions winning numbers for April 5 drawing; jackpot climbs to $67 million
ALAIcoin: The Odds of BTC Reaching $100,000 Are Higher Than Dropping to Zero