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Thursday, August 15, 2019

Update: Todd and wife Julie Chrisley turn themselves in on federal tax evasion charges and bank fraud

American reality TV stars Todd and Julie Chrisley of "Chrisley Knows Best" have turned themselves in to the FBI office in Atlanta after being indicted by a federal grand jury for tax evasion and other financial crimes.

According to ET, the couple drove from Nashville to Atlanta late Tuesday and stayed in the city overnight before surrendering themselves to the FBI around 8:45 a.m. on Wednesday.

A source tells ET that although Todd and Julie are "extremely nervous," they're also "happy in a way that it's coming to a head so they can successfully get this behind them."

On Tuesday, the couple was handed a 12-count indictment including tax evasion, bank fraud, wire fraud and multiple counts of conspiracy.

The charges stem from activity that occurred at least as early as 2007, when the couple allegedly provided false information to banks and fabricated bank statements when applying for and receiving million of dollars in loans, according to the U.S. Attorney's Office.

"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," U.S. Attorney Byung J. “BJay” Pak said of the criminal indictment which was filed on Tuesday.

The government alleges that Chrisley didn't timely file or pay federal income taxes for four years and that they "also sought to evade payment of their taxes by hiding their income from the IRS."

“The tax charges in this indictment serves notice that the Internal Revenue Service has zero-tolerance for individuals who attempt to shirk their tax responsibilities.

This action is also part of a much larger and coordinated effort by the IRS and Department of Justice to aggressively find and crack down on individuals who try to conspire with others to hide their income and then lie to federal agents when confronted," Thomas J. Holloman, III, Special Agent in Charge of the Atlanta Field Office, said in a statement.

Todd Chrisley, 51, and his wife Julie, 46, who both rose to fame for their hit reality show "Chrisley Knows Best," which premiered in March 2014 are facing up to 30-Years in prison.

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