Reality stars Julie and Todd Chrisley were sentenced to prison in federal court on Monday.
The “Chrisley Knows Best” couple were convicted in June of conspiring to defraud banks out of more than $30 million in fraudulent loans, CNN previously reported. In addition, they were found guilty of various tax offenses, including attempting to defraud the Internal Revenue Service.
‘Chrisley Knows Best’ actors charged with tax evasion (2019)
Judge Eleanor L. Ross sentenced Todd Chrisley to 12 years in prison with three years of supervised release. His wife, Julie Chrisley, was sentenced to seven years in prison and three years of supervised release. His accountant Peter Tarantino was sentenced to three years in prison and three years of supervised release, Ryan Buchanan, US Attorney for the Northern District of Georgia, said during a news conference after the sentencing hearing.
According to the Justice Department, evidence in the case showed that the Chrisleys were able to obtain the loans by submitting false bank statements, audit reports and financial statements. The money was used to buy luxury cars, designer clothes, real estate and travel, a Justice Department news release said.
Then, while earning millions of dollars on their previous reality show, the Chrisleys, along with their accountant, conspired to defraud the IRS and evade collection of back taxes.
“Chrisley Knows Best” debuted in 2014 on the USA Network. The new episodes, filmed before the trial, will debut sometime next year.
In a statement provided to CNN Tuesday night, the family’s attorney, Alex Little of Burr & Forman LLP, said in part: “Yesterday was a difficult day for the Chrisley family. But Todd and Julie are people of faith, and that faith gives them strength when they appeal to their convictions.”
The statement also stated that the trial “was marred by serious and repeated errors” and that “we are optimistic about the way forward.”
CNN has reached out to Tarantino’s representatives for comment on Monday’s sentencing.