Current:Home > StocksReality TV’s Julie Chrisley must be resentenced in bank fraud, tax evasion case, appeals judges rule -EverVision Finance
Reality TV’s Julie Chrisley must be resentenced in bank fraud, tax evasion case, appeals judges rule
View
Date:2025-04-18 02:17:09
ATLANTA (AP) — Reality TV star Julie Chrisley’s sentence for bank fraud and tax evasion was thrown out Friday by federal appeals judges, who ordered a lower court to redo her punishment over what the appellate panel called a “narrow issue.”
Julie Chrisley and her husband, Todd Chrisley, who earned fame for the show “Chrisley Knows Best” that chronicled the exploits of their tight-knit family, were convicted in 2022 of conspiring to defraud community banks out of more than $30 million in fraudulent loans. The Chrisleys were also found guilty of tax evasion by hiding their earnings while showcasing an extravagant lifestyle.
The couple’s accountant, Peter Tarantino, stood trial with them and was convicted of conspiracy to defraud the United States and willfully filing false tax returns.
A three-judge panel of 11th U.S. Circuit Court of Appeals upheld the convictions of the Chrisleys and Tarantino in a ruling that found a legal error only in how the trial judge calculated Julie Chrisley’s sentence by holding her accountable for the entire bank fraud scheme. So the appellate panel sent her case back to the lower court for re-sentencing.
Before the Chrisleys became reality television stars, they and a former business partner submitted false documents to banks in the Atlanta area to obtain fraudulent loans, prosecutors said during the trial. They accused the couple of spending lavishly on luxury cars, designer clothes, real estate and travel, and using new fraudulent loans to pay off old ones. Todd Chrisley then filed for bankruptcy, according to prosecutors, walking away from more than $20 million in unpaid loans.
Julie Chrisley was sentenced to seven years in federal prison, and Todd Chrisley got 12 years behind bars. The couple was also ordered to pay $17.8 million in restitution.
Their defense attorneys argued unsuccessfully on appeal that at an IRS officer lied at the trial when he testified about the couple still owing taxes and that prosecutors knowingly failed to correct that false testimony. They also asserted that prosecutors failed to show enough evidence to convict the Chrisleys of tax evasion and conspiracy, or that Julie Chrisley participated in bank fraud.
Tarantino’s lawyer argued that the accountant was harmed by being tried with the Chrisleys. His request for a new trial was denied.
The appellate judges found only one error with the case. They ruled that the trial judge at sentencing held Julie Chrisley responsible for the entire bank fraud scheme starting in 2006. The panel ruled neither prosecutors nor the trial judge cited “any specific evidence showing she was involved in 2006.”
The panel found sufficient evidence tying her to fraud from multiple years starting in 2007.
“We must vacate Julie’s sentence so the district court can address the narrow issue of what the proper loss amount attributable to Julie is” so that her sentence can be re-calculated, the appeals panel wrote.
Alex Little, an attorney for the Chrisleys, did not immediately respond to an email message seeking comment Friday evening.
Todd Chrisley, 56, is at a minimum security federal prison camp in Pensacola, Florida, with a release date in September 2032, while Julie Chrisley, 51, is at a facility in Lexington, Kentucky, and is due for release in July 2028, according to the Federal Bureau of Prisons website.
Tarantino, 61, s being held in a minimum security federal prison camp in Montgomery, Alabama, with a release date in August of next year.
veryGood! (86)
Related
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Jamie Foxx Breaks Silence After Suffering Medical Emergency
- Brian Flannery
- Alberta’s New Climate Plan: What You Need to Know
- Average rate on 30
- Today’s Climate: May 31, 2010
- Poisoned cheesecake used as a weapon in an attempted murder a first for NY investigators
- Roger Cohen
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Missing resident from Davenport, Iowa, building collapse found dead, officials confirm
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Children's hospitals are the latest target of anti-LGBTQ harassment
- New York Passes Ambitious Climate Bill, Aiming to Meet Paris Targets
- 34 Mother's Day Gifts for the Athletic Mom: Beats, Lululemon, Adidas, Bala, and More
- Skins Game to make return to Thanksgiving week with a modern look
- There's no bad time to get a new COVID booster if you're eligible, CDC director says
- Judges Question EPA’s Lifting of Ban on Climate Super Pollutant HFCs
- A new student filmmaking grant will focus on reproductive rights
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
GOP Rep. Garret Graves says he's not ruling out a government shutdown after debt ceiling fight
Whatever happened to the Botswana scientist who identified omicron — then caught it?
Tony Awards 2023 Nominations: See the Complete List
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Protecting Norfolk from Flooding Won’t Be Cheap: Army Corps Releases Its Plan
Released during COVID, some people are sent back to prison with little or no warning
Mike MacCracken