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Monday, February 6, 2023

Julie and Todd could face 30 years in prison for bank fraud!!

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The fraudulent activities of Todd and Julie Chrisley are now out in the world. The court has already proven their violations and the couple was sentenced to 30 years in prison. The two became incredibly famous for their brilliant performances in Chrisley Knows Best. It was undoubtedly the leading show in the US for a long time. However, the stars’ reputation suffered a setback after they were convicted of major fraud.

According to the reports, the federal jury stated that the couple is actively involved in tax evasion and committed a lot of bank fraud. Therefore, the court handed down a sentence of 30 years until the morning of October 6.

Read this content carefully to know the entire report on this conviction. Everything becomes clear when you read the news carefully.

Multimillion-dollar scam: Federal prosecutors charged duo of conspiracy to commit bank fraud

Annalize Peters is the prosecutor of the Julie and Todd case. He studied the case carefully and announced that the couple has multiple charges against them. In addition, the primary involvement was in a massive bank fraud involving approximately $30 million. They took out a loan and never intended to return it. According to Peters, they even colluded with the TV money and escaped government revenue. For example, the Chrisleys are a well-known name among the biggest scammers who commit millions of dollars in fraud.

Julie and Todd face 30 years in prison after being convicted of bank fraud

The Atlanta FBI Special Agent stated that justice does not consider your name and fame when you have committed serious crimes. Swindling others certainly amounts to one of the offensive crimes. That’s why Todd and Julie deserve punishment for what they’ve done. Not only this, they also filed a false declaration of bankruptcy and wanted to flee with over $20 million.

Cheating and lying will never forgive you in the long run. In the words of the special agent, many commit financial fraud because of sheer greed. The final sentence of imprisonment is absolutely right for such fraudsters.

More fraud by Chrisleys

The couple didn’t just stop by committing bank fraud. Namely Julie is also involved in obstruction of justice and fraudulent wire activities. Therefore, there is no way this couple can be spared by US laws. For a long time, they repeatedly committed various frauds.

Federal prosecutors have filed many charges against them, including:

  • United States scam by conspiring in various circumstances along with tax fraud
  • Fraud with the banks by taking out loans
  • False declaration of bankruptcy
  • Initiatives to escape federal authorities with millions of dollars

It is truly a shocking revelation for all fans of the highly popular show. The couple has a good fan base who regularly interacts with them through social media. But this captivity news cast doubt on hundreds of fans of the show. They never expected their favorite TV presenters to be involved in such heinous crimes as bank scams.

Of course, they should never be given mercy for what they’ve done. Escaping the tax is punishable and trying to flee with public money can never give anyone peace. As a result, hundreds of followers support the current verdict.

Not just one bank, but the couple’s name is found in multiple bank frauds. The federal jury caught them in the act in downtown Atlanta. According to American lawyers, one cannot get away so easily after committing financial fraud for such a huge amount of money. The scam resulted in a huge loss to both the government and the public. The cheaters should not get another chance to cheat anyone else. The evidence the duo showed to the banks was totally false.

In addition, they made the bank and others believe that they were not getting enough money from the show. Instead, they were in a helpless state of becoming insolvent. However, the banks had doubts about these activities and contacted the police. Finally, it has been proven that the couple just pretended to go bankrupt. It was one of their ways to get away with a huge sum of money.

The deliberate tax evasion also included the name of the couple’s previous attorney, Peter Tarantino. As a result, the court also sentenced this fraudulent professional who repeatedly filed false income tax returns. The pair also set up a boastful company called 7C’s Productions to illegally transfer the money.

READ MORE:

Last month, the creators announced a brand new season 10 of Chrisley Knows Best featuring a complete overhaul of the show. Plus, you can watch all of the thrilling Season 9 episodes premiere on June 23. But this captivity news puts a big question mark on the show’s airing. The USA Network is still silent on this matter.

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