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Todd Chrisley and wife Julie found guilty of tax fraud

Todd and Julie Chrisley have been found guilty in their tax fraud trial. The couple was found guilty on all counts in federal court in Georgia on Tuesday after a trial that lasted nearly three weeks. insider reports,

Todd was convicted of bank fraud, bank fraud, conspiracy to defraud the United States, and conspiracy to commit tax fraud. insider, Julie was convicted of bank fraud, bank fraud, conspiracy to defraud the United States, tax fraud and wire fraud, the outlet reports.

According to the outlet, the couple faces up to 30 years in prison.

In August 2019, the couple was indicted by a federal grand jury on conspiracy to commit bank fraud, five counts of bank fraud, one count of conspiracy to defraud the United States, and one count of tax fraud, tennessine informed of, Julie was also charged with one count of wire fraud per outlet and one count of obstruction of justice.

Soon afterward, Todd and Julie turned themselves in, denying wrongdoing and filing a plea of ​​not guilty.

Todd claimed that a disgruntled former employee turned out to convince the US Attorney’s office that Chrisley was responsible for committing a financial crime.

At the time, a source told ET that the couple were “extremely nervous” after the indictment, but “they’re happy with the way it’s coming to a head so they can successfully get it behind them.”

The trial got underway on May 17 in Atlanta, Georgia. In the initial arguments, the government alleged that the pair exaggerated their earnings to get banks to borrow more than $30 million, us weekly informed of,

Chrisley’s attorney responded by alleging that a disgruntled former employee was convicted of fraud, per the outlet.

Tuesday’s guilty verdict follows an October 2019 ruling from the Georgia Department of Revenue, which officially acquitted the couple of $2 million claims they claimed related to their state taxes between 2008 and 2016.

“Julie and I always knew we didn’t do anything wrong and that when all the facts are out, we’ll be all right,” Todd said in a statement. “We are glad that the revenue department was ready to keep an open mind and look into all the evidence.”

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Reference from www.etonline.com

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