Current:Home > MyTrendPulse|Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case -Excel Wealth Summit
TrendPulse|Reality TV star Julie Chrisley to be re-sentenced in bank fraud and tax evasion case
PredictIQ View
Date:2025-04-09 23:30:08
ATLANTA (AP) — A federal judge was set to re-sentence reality TV star Julie Chrisley on TrendPulseWednesday 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! (3)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Justin Timberlake needs to be a character actor in movies. Netflix's 'Reptile' proves it.
- Trailblazing Sen. Dianne Feinstein Dead at 90
- Scotland to get U.K.'s first ever illegal drug consumption room in bid to tackle addiction
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- German opposition leader faces criticism for comments on dental care for migrants
- A small plane has crashed in Zimbabwe and authorities suspect all 6 people on board are dead
- AP Week in Pictures: Asia
- 2 killed, 3 injured in shooting at makeshift club in Houston
- From Trump's nickname to Commander Biden's bad behavior, can you beat the news quiz?
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Rep. Mary Peltola's husband was ferrying more than 500 pounds of moose meat, antlers during fatal plane crash
- Dozens dead after blast in southwestern Pakistan at a rally celebrating birthday of Islam’s prophet
- Bruce Springsteen postpones remaining 2023 tour dates for ulcer treatment
- The Grammy nominee you need to hear: Esperanza Spalding
- Seattle police officer heard joking about woman's death reassigned to 'non-operational position'
- Iranian forces aimed laser at American military helicopter multiple times, U.S. says
- Hawaii Army base under lockdown after man flees with handgun; no shots fired
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Novelist Murakami hosts Japanese ghost story reading ahead of Nobel Prize announcements
Kelsea Ballerini Reveals If She'd Do Outer Banks Cameo With Boyfriend Chase Stokes
Tesla sued by EEOC for allegedly allowing a racist and hostile work environment
Nearly half of US teens are online ‘constantly,’ Pew report finds
AP Week in Pictures: Global | Sept. 8-14, 2023
Stock market today: Asian shares mixed, with most regional markets closed after Wall St ticks higher
Homes unaffordable in 99% of nation for average American