Reality television stars Todd and Julie Chrisley, of the successful show Chrisley Knows Best, have been indicted by a federal grand jury on multiple counts of conspiracy, bank fraud, wire fraud, and tax evasion according to the U.S. Attorney’s Office of the Northern District of Georgia.
“Todd and Julie Chrisley are charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned. Celebrities face the same justice that everyone does. These are serious federal charges and they will have their day in court,” U.S. Attorney Byung J. “BJay” Pak said in a statement.
According to Pak, the charges, and other information, Todd and Julie Chrisley allegedly conspired to defraud numerous banks by providing the banks with false information such as personal financial statements containing false information, and fabricated bank statements when applying for and receiving millions of dollars in loans. After fraudulently obtaining these loans, the Chrisleys allegedly used much of the proceeds for their own personal benefit.
The government also alleges that in 2014, two years after the alleged bank fraud scheme ended, Todd and Julie Chrisley used fabricated bank statements and a fabricated credit report that had been physically cut and taped or glued together when applying for and obtaining a lease for a home in California.
The Chrisley’s accountant, Peter Tarantino, has also been charged in the case.
Read more here: forbes.com
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