Todd and Julie Chrisley should be sentenced to 22 years in prison for defrauding community banks of tens of millions of dollars and then obstructing the investigation against them, according to federal prosecutors.
We are trying to learn more about how long the Chrisleys will serve.
A federal jury found the couple guilty of bank fraud and tax evasion in June. Even before they became reality television stars, the Chrisleys took out fraudulent bank loans to fund their extravagant lifestyles.
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They hid income from the IRS by using a film production company they controlled.
The Chrisleys were accused of conspiracy to commit bank fraud, conspiracy to defraud the United States and tax fraud. Chrisley was charged with obstruction of justice.
The Chrisleys said that someone else had control of their finances.
The defendants in this case will be sentenced on November 21.
The stories are related.
The sentencing memo for the couple was obtained by Mark Winne of Channel 2.
The seriousness of the Chrisley crimes cannot be overstated. They hid millions of dollars from the IRS after they cheated community banks out of tens of millions of dollars, and went on television to brag about how much they spent on designer clothes. They involved their own family members and friends to obstruct justice when they found out that they were being investigated.
The crimes of Todd Chrisley warrant up to 22 years in prison. Julie Chrisley could be sentenced to up to 13 years in prison.
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The seriousness of their actions is underscored by the fact that both defendants have blamed others for their own criminal conduct.
Chrisley's legal team submitted a 69-page memo to the judge asking for less time for the couple.
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