Current:Home > MyReality TV’s Julie Chrisley must be resentenced in bank fraud, tax evasion case, appeals judges rule -WealthRise Academy
Reality TV’s Julie Chrisley must be resentenced in bank fraud, tax evasion case, appeals judges rule
View
Date:2025-04-16 13:59:55
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! (4)
Related
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Giant sinkholes in a South Dakota neighborhood make families fear for their safety
- '21st night of September' memes are back: What it means and why you'll see it
- When does the new season of 'SNL' come out? Season 50 premiere date, cast, host, more
- Stamford Road collision sends motorcyclist flying; driver arrested
- Footage shows NYPD officers firing at man with knife in subway shooting that wounded 4
- Anthony Joshua vs. Daniel Dubois live updates, undercard results, highlights
- Patriots coach Jerod Mayo backs Jacoby Brissett as starting quarterback
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Elle King Shares Positive Personal Update 8 Months After Infamous Dolly Parton Tribute
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- ‘Ticking time bomb’: Those who raised suspicions about Trump suspect question if enough was done
- Police arrest 15-year old for making social media threats against DC schools
- Lizzo Responds to Ozempic Allegations After Debuting Weight Loss Transformation
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Aaron Rodgers isn't a savior just yet, but QB could be just what Jets need
- Best used cars under $10,000: Sedans for car shoppers on a budget
- Actor Ross McCall Shares Update on Relationship With Pat Sajack’s Daughter Maggie Sajak
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
AI is helping shape the 2024 presidential race. But not in the way experts feared
Biden opens busy foreign policy stretch as anxious allies shift gaze to Trump, Harris
The Truth About Tia and Tamera Mowry's Relationship Status
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
NFL bold predictions: Who will turn heads in Week 3?
A Nevada Lithium Mine Nears Approval, Despite Threatening the Only Habitat of an Endangered Wildflower
Sean Diddy Combs' Lawyer Shares Update After Suicide Watch Designation