Todd and Julie Crisley were convicted by a federal jury in central Atlanta on Tuesday of all counts of bank fraud and tax evasion.
Reality stars – who rose to fame in 2014 when USA Network Chrisley Knows Best, a series describing their luxurious lives in Georgia – were charged in 2012 with 12 counts of tax evasion, bank and wire fraud and conspiracy.
Todd applauded the claims in a lengthy statement at the time, alleging that his former employee, Mark Braddock, was trying to get “revenge” on him and his wife.
“He took a bunch of his forged documents to the US Attorney’s Office and told them we had committed all sorts of financial crimes, including tax evasion and bank fraud,” Crisley claimed in 2019.
“It caught their attention, but once we got a chance to explain who he was and what he did to us, they realized it was a bunch of nonsense and they sent him on his way.”
“[He] A different set of investigators in the U.S. Attorney’s Office persuaded him not only to reopen the case but also to acquit him of prosecution for his own crimes and to bring charges against us.
Although Todd was trying to sell, the government never bought it.
Allegedly, Crisley deliberately “cheated” at least $ 30 million from community banks between 2007 and 2012 and increased their net worth for approved loans.
They have targeted so-called smaller banks which have done less than the big banks.
Following the events of this series, Todd Crisley filed for bankruptcy in 2012, clearing 20 million in debt.
The prosecution alleges that the couple then actively hid the millions they made from the reality show, as well as Todd’s 2009 500,000 debt in 2009.
Such tax evasion had been going on for more than 10 years at the time the allegations were made.
Assistant U.S. Attorney Analysis Peter told the court, “They’ve created the documents and lie with their teeth to get what they want, whenever they want.”
Chrysler was living in Metro Atlanta at the time of most of the alleged illegal activity but moved to Nashville in 2016.
The trial lasted three weeks and included the testimony of Braddock, who claimed that he and Todd had a “personal relationship of an intimate nature” while in the position of witness.
Todd’s attorney, Bruce Morris, told TMZ on Tuesday that they plan to appeal the jury’s decision.
“We are disappointed with the verdict,” he told the celebrity gossip website.
Todd has been married to Julie since 1996, and they have three children together: Chase, 26, Savannah, 24, and Grayson, 16.
Todd Lindsay Crisley’s father, who testified against his father at trial … almost a year after trashing him as a “monster” who threatened to release a sex tape of his own daughter.
Todd and Julie now face 30 years in prison.
However, a sentencing date has not yet been set and the convicts are currently out on bond.