In their trial for tax fraud, Todd and Julie Chrisley were found guilty. The pair was found guilty on all counts in a federal court in Georgia on Tuesday, after a nearly three-week trial, according to Insider.
According to Insider, Todd was found guilty of bank fraud, bank fraud, conspiracy to defraud the US, and tax fraud. According to the publication, Julie was found guilty of bank fraud, bank fraud conspiracy, conspiracy to defraud the United States, tax fraud, and wire fraud.
The couple might be sentenced to 30 years in prison, according to the outlet.
The pair was charged with one count of conspiracy to conduct bank fraud, five counts of bank fraud, one count of conspiracy to defraud the United States, and one count of tax fraud by a federal grand jury in August 2019, according to The Tennessean. According to the publication, Julie was charged with one count of wire fraud and one count of obstruction of justice.
Shortly after, Todd and Julie turned themselves in, denying culpability and submitting a not guilty plea.
Todd stated that a disgruntled former employee set out to persuade the United States Attorney’s Office that the Chrisleys were guilty of financial crimes.
The pair was “very apprehensive” following the indictment, according to an ET source at the time, but “they’re happy in a way that it’s coming to a head so they can effectively leave this behind them.”
In Atlanta, Georgia, the trial began on May 17th. According to Us Weekly, the prosecution said in its opening statements that the couple lied to banks about their earnings in order to borrow more than $30 million.
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According to the publication, the Chrisleys’ attorney claimed that the fraud was perpetrated by a disgruntled former employee.
The guilty conviction came following a ruling by the Georgia Department of Revenue in October 2019 exonerating a couple of the $2-million claims relating to state taxes between 2008 and 2016.
Todd said in a statement after he and Julie were exonerated at the state level, “Julie and I felt all along that we had done nothing illegal and that when the facts came out, we would be fine.” “All we can say is that we’re grateful that the Department of Revenue was prepared to keep an open mind and examine all of the information.”