Todd and Julie Chrisley now have to live by a judge’s rules until they are sentenced on their conviction for bank fraud and tax evasion.
The reality television couple was found guilty on all charges in a case that involved $30 million in fraudulent bank loans. Their accountant. Peter Tarantino, was also found guilty.
Federal jury finds Todd and Julie Chrisley guilty of fraud
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The Chrisleys were accused of taking out the loans to pay for their lifestyle before they had become reality TV stars, WSB reported. They were also accused of trying to hide millions of dollars they had earned from their show, “Chrisley Knows Best.”
The Internal Revenue Service said the couple used a film production company that they controlled to hide the money so the IRS could not collect unpaid taxes owed by Todd Chrisley, The Associated Press reported.
>>Previous coverage: ‘Chrisley Knows Best’ stars Todd, Julie Chrisley found guilty of fraud
Their attorney said they were being targeted by rogue IRS department agents, WSB reported.
The Chrisleys both faced a count of 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. Julie Chrisley also faced one count of wire fraud and one count of obstruction of justice.
The couple is on a location-monitoring program, and they must pay the costs as determined by their probation officer.
They are also under home detention and can only leave for work, church, medical appointments or court appearances.
If they spend more than $1,000, they must alert their probation officer.
Todd and Julie Chrisley and their accountant are scheduled to be sentenced in October, WSB reported.
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