SCANDAL erupted when reality stars Todd and Julie Chrisley
were accused of evading their taxes from 2008 to 2016.
The pair maintained their innocence and pled not guilty for indictments of tax evasion, wire fraud, and conspiracy to commit bank fraud.
What is Chrisley’s Know Best?
Chrisley Knows Best is a popular reality show on the USA Network – airing since March 2014.
The show follows the lives of eccentric multimillionaire real estate developer Todd Chrisley, his wife, and their adult children.
It is currently on its eighth season, which premiered in July of 2020.
Who is Todd Chrisley?
Todd Chrisley is known as “the patriarch of perfection” for the Chrisley clan.
Known to fans for being materialistic and flashy with his reckless spending on nice cars and expensive clothes.
He lives in a $3.3million home in Nashville with wife Julie.
What’s more, Todd and Julie also have history of financial and legal woes.
The pair was indicted by a grand jury for tax evasion and wire fraud in August 2019.
Did Todd and Julie Chrisley go to jail?
Todd and Julie Chrisley reportedly turned themselves in to an FBI office in Atlanta hours after they were indicted for federal tax evasion charges in August of 2019.
The couple walked into the courtroom shackled, but walked out “vowing to fight,” WBS in Atlanta reported.
They pled not guilty on all charges and maintained their innocence.
A judge set an unsecured bond of $100,000 each with travel restrictions.
“We stand in our faith, and we stand in what we know is right. We are fortunate to have the counsel that we have, and our family will stick together, and we’ll walk this road because we know that the good Lord will hold our hand and take us through,” Todd said.
In a lengthy Instagram post, Todd told fans the couple fell victim to an ex-employee who somehow convinced federal agents to go after them.
The caption reads: “Thank you all for your love and support. Our family will forever be grateful ❤️ God bless you all!”
“To get revenge, he took a bunch of his phony documents to the U.S. Attorney’s office and told them we had committed all kinds of financial crimes, like tax evasion and bank fraud,” Todd wrote.
He continued: “That got their attention all right, but once we had a chance to explain who he was and what he’d done to us, they realized it was all a bunch of nonsense and they sent him on his way.”
What did they get in trouble for?
In August of 2019, Todd and Julie were accused of conspiring to defraud “numerous banks” by giving the institutions false personal financial statements and other information while getting millions of dollars in loans, the US Attorney’s Office for the Northern District of Georgia said.
“Todd and Julie Chrisley are charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned,” Byung J. Pak, the United States attorney for the Northern District of Georgia, said.
Lawyers for the couple denied the allegations laid out in the charges.
In the following month of October 2019, the pair scored a major legal win on the case.
The Georgia Department of Revenue and the Chrisleys had agreed to a settlement agreement and will be cleared of their tax evasion charge.
According to the settlement, the Chrisleys agreed to pay a little under $150,000 to resolve the claims, USA Today reports.
View more information: https://www.the-sun.com/entertainment/1246626/todd-chrisley-julie-tax-evasion-jail-criminal-charges/