Reality stars Todd and Julie Chrisley received sentences Monday for their convictions on bank fraud and tax evasion charges.
He was sentenced to 12 years in prison, plus 16 months of probation. His wife and co-star in chrisley knows best he was given a seven-year sentence, as well as 16 months of probation.
In June, the couple was convicted of inflating their net worth to obtain more than $30 million in fraudulent loans. It was also discovered that they had avoided their taxes since 2009 and had hidden their earnings from the program from the IRS. (In fact, their accountant, Peter Tarantino, was convicted of filing false reports for them. He was sentenced to three years in prison.) Julie was also found guilty of committing wire fraud and obstruction of justice.
The Chrisleys denied any wrongdoing, and their lawyer said they did not know that an employee had been defrauding the government.
The Chrisleys could have faced much longer sentences. Prosecutors had asked for a maximum of 22 years in prison for Todd and 13 for Julie.
“The severity of the Chrisleys’ crimes cannot be underestimated. After defrauding community banks of tens of millions of dollars, they hid millions of dollars from the IRS, all while going on TV to brag about how much they spent on designer clothes,” they wrote in your request. And when they found out that…