{"id":1511018,"date":"2022-06-11T12:50:54","date_gmt":"2022-06-11T16:50:54","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1511018"},"modified":"2022-06-11T12:51:06","modified_gmt":"2022-06-11T16:51:06","slug":"reality-stars-convicted-of-bank-fraud-tax-evasion","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/reality-stars-convicted-of-bank-fraud-tax-evasion\/","title":{"rendered":"Reality Stars Convicted Of Bank Fraud, Tax Evasion"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Freality-stars-convicted-of-bank-fraud-tax-evasion%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1511018&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"https:\/\/www.dailywire.com\/topic\/reality-tv\">Reality stars<\/a> Todd and Julie Chrisley, best known for \u201cChrisley Knows Best,\u201d were convicted last week of bank fraud and tax evasion, according to a <a href=\"https:\/\/www.justice.gov\/usao-ndga\/pr\/reality-tv-stars-convicted-fraud-and-tax-evasion\">news release<\/a> from the Department of Justice.<\/p>\n<p>A jury didn\u2019t believe the Chrisleys\u2019 <a href=\"https:\/\/www.dailywire.com\/news\/former-reality-star-todd-chrisley-was-accused-of-fraud-a-former-employee-testified-she-sabotaged-him-for-his-former-business-partner\">claim<\/a> that an ex-business partner, Mark Braddock, actually committed the crimes and framed the reality show family.<\/p>\n<p>\u201cThe jury found that Todd and Julie Chrisley committed multiple fraud schemes for several years and their accountant, Peter Tarantino, filed false corporate tax returns on their behalf,\u201d U.S. Attorney Ryan K. Buchanan said in a statement. \u201cThis office and our partner agencies will continue to vigorously investigate and prosecute white collar criminals who flout the law.\u201d<\/p>\n<p>Assisting the Chrisleys\u2019 claim that they were framed, former employee Donna Cash testified that Braddock had her send fake financial documents to loan companies and lied about the companies, but said she stopped following his orders when the Chrisleys were about to lose their home, Insider <a href=\"https:\/\/www.insider.com\/todd-chrisleys-employee-testified-ruining-his-life-2022-5\">reported<\/a>.<\/p>\n<p>\u201cI did some bad things but that was one thing I wasn\u2019t going to do,\u201d Cash testified, adding that she called Todd to come back from vacation early so he wouldn\u2019t come home to a foreclosed house.<\/p>\n<p>She further testified that \u201cboth Mark and I were lying to [Todd] about everything that was going on.\u201d<\/p>\n<p>The jury wasn\u2019t swayed, instead believing the evidence that showed the Chrisleys had committed the crimes themselves. Buchanan said that before the Chrisleys had their own TV show, they defrauded banks in Atlanta, Georgia, in order to obtain more than $30 million in personal loans. With Braddock\u2019s help, the Chrisleys \u201csubmitted false bank statements, audit reports, and personal financial statements to banks to obtain the millions of dollars in fraudulent loans,\u201d the DOJ wrote.<\/p>\n<p>The Chrisleys used the money from the fraudulent loans to live a life of luxury, buying expensive homes, cars, and clothes, according to the DOJ. Once the money was spent, Todd Chrisley filed for bankruptcy in order to avoid repaying the money.<\/p>\n<p>After filing for bankruptcy and still in bankruptcy proceedings, Julie Chrisley began manufacturing financial documents and lying to real estate agents in order to rent a luxury home in Los Angeles, California, the DOJ said. The family didn\u2019t pay rent and were eventually evicted.<\/p>\n<p>Around this same time, the couple was given their own reality show, in which Todd was presented as a real estate mogul. The couple earned millions from the show, but failed to pay taxes, the DOJ said.<\/p>\n<p>The Chrisleys were found guilty of tax evasion and conspiring to defraud community banks. The couple\u2019s accountant, Peter Tarantino, was also convicted on several charges related to taxes. Julie Chrisley was also convicted of obstruction of justice for submitting a fraudulent document attempting to cover up one of their crimes.<\/p>\n<p>Braddock received immunity for providing evidence against the Chrisleys.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reality stars Todd and Julie Chrisley, best known for \u201cChrisley Knows Best,\u201d were convicted last week of bank fraud and tax evasion, according to a news release from the Department of Justice. A jury didn\u2019t believe the Chrisleys\u2019 claim that an ex-business partner, Mark Braddock, actually committed the crimes and framed the reality show family. &#8230;<\/p>\n","protected":false},"author":126,"featured_media":1511035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1511018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1511018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/126"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1511018"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1511018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1511035"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1511018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1511018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1511018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}