Ubiquitous
2024-06-25 16:03:31 UTC
Former Chrisley Knows Best reality star Julie Chrisleys 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, Julies sentence was vacated by the United States Court of Appeals
for the Eleventh Circuit, Fox 5 Atlanta reported. The appellate court upheld
Chrisleys convictions for tax evasion and bank fraud but overturned Julies
conviction, saying there wasnt 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 Julies 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 Todds 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 hadnt 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 couples 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.
In 2018, Todd sued Homebanc Mortgage Corporation, Radar Online reported,
alleging a former business partner forged Todds 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 states Department of
Revenue, alleging he targeted the family after they were cleared of a state
tax evasion charge.
--
Let's go Brandon!
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, Julies sentence was vacated by the United States Court of Appeals
for the Eleventh Circuit, Fox 5 Atlanta reported. The appellate court upheld
Chrisleys convictions for tax evasion and bank fraud but overturned Julies
conviction, saying there wasnt 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 Julies 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 Todds 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 hadnt 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 couples 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.
In 2018, Todd sued Homebanc Mortgage Corporation, Radar Online reported,
alleging a former business partner forged Todds 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 states Department of
Revenue, alleging he targeted the family after they were cleared of a state
tax evasion charge.
--
Let's go Brandon!