Former “Chrisley Knows Best” reality star Julie Chrisley’s sentence for financial crimes has been overturned, but her conviction has been upheld.
Julie and her husband, Todd, were convicted in June 2022 of conspiracy to commit bank fraud, bank fraud, tax fraud, and conspiracy to defraud the United States. In addition, Julie was convicted of wire fraud and obstruction of justice. They have always denied the charges.
On Friday, Julie’s sentence was vacated by the United States Court of Appeals for the Eleventh Circuit, Fox 5 Atlanta reported. The appellate court upheld Chrisley’s convictions for tax evasion and bank fraud but overturned Julie’s conviction, saying there wasn’t enough evidence to link her to losses incurred by the couple prior to 2007. This decision remands her case back to the district court, where she will be resentenced.
The district court must now determine more precisely what Julie’s involvement was in the financial losses for which she was convicted.
Todd Chrisley made a fortune through Chrisley Asset Management, a real estate company he founded in Georgia, The Daily Wire previously reported. The success of the business combined with Todd’s personality and large family made him a perfect candidate for reality TV, which led to “Chrisley Knows Best.”
Even before the Chrisleys began their reality show in 2014, they had financial problems. In 2012, Todd filed for bankruptcy protection. Explaining the filing, his lawyer told People, “He guaranteed a real estate development loan and it failed. He was on the hook for $30 million. If he hadn’t had that happen, he would have been fine, financially.”
The Department of Justice (DOJ), however, explained that the Chrisleys — prior to their reality show — “conspired to defraud community banks in the Atlanta area to obtain more than $30 million in personal loans.”
With the help of a business partner, Mark Braddock, the Chrisleys “submitted false bank statements, audit reports, and personal financial statements to banks to obtain the millions of dollars in fraudulent loans,” the DOJ wrote.
In 2017, the couple’s problems expanded. WSB-TV reported at the time that the Chrisleys owed nearly $800,000 in taxes to the state of Georgia and had declared their residency on numerous public records before moving to Nashville, Tennessee, in 2016.
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In 2018, Todd sued Homebanc Mortgage Corporation, Radar Online reported, alleging a “former business partner” forged Todd’s name on the mortgage and made some payments on his behalf. Todd also claimed that the same business partner was the reason he had to file for bankruptcy protection in 2012.
In 2019, the Chrisleys were indicted. After a three-week trial in 2022, the couple was convicted.
In January, the couple was awarded a $1 million settlement after suing the former Director of Special Investigations of the state’s Department of Revenue, alleging he targeted the family after they were cleared of a state tax evasion charge.
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Former “Chrisley Knows Best” reality star Julie Chrisley’s sentence for financial crimes has been overturned, but her conviction has been upheld.
Julie and her husband, Todd, were convicted in June 2022 of conspiracy to commit bank fraud, bank fraud, tax fraud, and conspiracy to defraud the United States. In addition, Julie was convicted of wire fraud and obstruction of justice. They have always denied the charges.
On Friday, Julie’s sentence was vacated by the United States Court of Appeals for the Eleventh Circuit, Fox 5 Atlanta reported. The appellate court upheld Chrisley’s convictions for tax evasion and bank fraud but overturned Julie’s conviction, saying there wasn’t enough evidence to link her to losses incurred by the couple prior to 2007. This decision remands her case back to the district court, where she will be resentenced.
The district court must now determine more precisely what Julie’s involvement was in the financial losses for which she was convicted.
Todd Chrisley made a fortune through Chrisley Asset Management, a real estate company he founded in Georgia, The Daily Wire previously reported. The success of the business combined with Todd’s personality and large family made him a perfect candidate for reality TV, which led to “Chrisley Knows Best.”
Even before the Chrisleys began their reality show in 2014, they had financial problems. In 2012, Todd filed for bankruptcy protection. Explaining the filing, his lawyer told People, “He guaranteed a real estate development loan and it failed. He was on the hook for $30 million. If he hadn’t had that happen, he would have been fine, financially.”
The Department of Justice (DOJ), however, explained that the Chrisleys — prior to their reality show — “conspired to defraud community banks in the Atlanta area to obtain more than $30 million in personal loans.”
With the help of a business partner, Mark Braddock, the Chrisleys “submitted false bank statements, audit reports, and personal financial statements to banks to obtain the millions of dollars in fraudulent loans,” the DOJ wrote.
In 2017, the couple’s problems expanded. WSB-TV reported at the time that the Chrisleys owed nearly $800,000 in taxes to the state of Georgia and had declared their residency on numerous public records before moving to Nashville, Tennessee, in 2016.
CLICK HERE TO GET THE DAILYWIRE+ APP
In 2018, Todd sued Homebanc Mortgage Corporation, Radar Online reported, alleging a “former business partner” forged Todd’s name on the mortgage and made some payments on his behalf. Todd also claimed that the same business partner was the reason he had to file for bankruptcy protection in 2012.
In 2019, the Chrisleys were indicted. After a three-week trial in 2022, the couple was convicted.
In January, the couple was awarded a $1 million settlement after suing the former Director of Special Investigations of the state’s Department of Revenue, alleging he targeted the family after they were cleared of a state tax evasion charge.
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