Music - 1 week 9 hours ago
Chrisley Knows Best Stars Indicted on Bank Fraud Charges
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Submitted by Bill Casticart on Wed, 08/14/2019 - 06:46
It seems no reality show goes on for very long without one or more of the stars making news for reasons other than the show. HOUSEWIVES OF BEVERLY HILLS went through the drama of Joe and Theresa Giudice having to serve sentences for financial fraud. SURVIVOR's Richard Hatch put his time into the system for failing to pay taxes on his million-dollar winnings.
Now the judicial spotlight is on Todd and Julie Chrisley, the leads of USA Network's CHRISLEY KNOWS BEST. The Chrisleys, and former CPA Peter Tarantino, were all charged August 14, 2019 in Georgia’s Northern District. The charges are numerous, and include conspiracy to commit wire fraud, conspiracy to commit bank fraud, actual wire fraud and tax evasion.
Somewhere, original reality star focal point Al Capone is chuckling: "They never learn."
In a statement released Tuesday afternoon, US Attorney Byung J. "BJay" Pak said the Chrisleys allegedly conspired to defraud numerous banks by providing false information including personal financial statements with false information and fabricated bank statements when applying for and receiving millions of dollars in loans.
“Todd and Julie Chrisley are charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned,” Pak said in a statement. “Celebrities face the same justice that everyone does. These are serious federal charges and they will have their day in court.”
According to Pak, Todd and Julie are also charged with conspiring with their Roswell-based accountant, Tarantino, to defraud the Internal Revenue Service.
Todd Chrisley released the following statement on the family's Instagram account:
