Todd Chrisley & Wife Julie Found Guilty Of Bank Fraud, Tax Evasion

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Todd & Julie Chrisley

Todd and Julie Chrisley were found guilty on all charges relating to running a long standing conspiracy to defraud banks and hiding their money from the IRS.

An Atlanta federal jury convicted Todd Chrisley of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the US, and tax fraud.

Julie Chrisley was convicted of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the US, tax fraud, and wire fraud. 

Their former attorney Peter Tarantino was convicted of conspiracy to defraud the US and willfully filing false tax returns.

The Chrisleys face up to 30 years in prison. 

The couple, who found fame in 2013 when USA Network picked up their reality show “Chrisley Knows Best,” were accused by federal prosecutors of manipulating financial records to make it appear that they were wealthier than they were to apply for more than $30 million in loans, which they spent on a luxury lifestyle they couldn’t afford.

When the banks caught on to them, the Chrisleys filed for bankruptcy, walking away from $20 million in debt. The couple went on to hide money from the IRS with the help of their lawyer, prosecutors said.

Mark Braddock, who was part owner of Todd Chrisley’s real-estate-foreclosure business, Chrisley Asset Management, admitted that he had created fake documents to send to banks to get loans on behalf of himself and the Chrisleys.

He also admitted to impersonating Todd Chrisley on multiple occasions.

Todd Chrisley’s attorney Bruce Morris tried to convince jurors that emails from his client’s account in which fraud is apparent could have been sent by Mark, who was given immunity by the government.

The emails themselves were produced to the government by Mark, and Morris argued they also could have been faked.

Mark also testified that he had a year long adulterous affair with Todd Chrisley and committed fraud on his behalf because of lingering feelings he held for him.

Morris said in court that Chrisley denied the affair and that Braddock was “obsessed” with Todd.

Source: Insider

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