Todd Chrisley has received a great deal of karma.
The reality TV star learned his fate on Monday, November 22, following his bank fraud and tax evasion case.
Todd and his family will no longer grace our TV screens.
“Chrisley Knows Best” Show & Spinoff Cancelled!
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“Chrisley Knows Best” and its spin-off, “Growing Up Chrisley,” have both been CANCELED, according to Deadline.
The outlet reported, “Chrisley Knows Best“ was renewed for a tenth season a month before the conviction and USA Network will air several episodes, taped before the trial, starting this season next year.
“Growing up Chrisley“ moved to E! for its fourth season, which ended its run in October, after three seasons on the USA Network.
Todd also has another reality series in the works with E! network
The network had ordered a dating format called “Love Limo” and Todd was to host the show, but that was canceled as well.
Todd GUILTY & Sentenced to 12 Years in Prison
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The reality TV star was sentenced to 19 years in prison and 32 months of probation.
Todd was sentenced to 12 years in prison and 16 months of probation, while his wife, Julie Chrisley, was sentenced to seven years in prison and 16 months of probation.
Clearly, Chrisley does NOT know best.
via GIPHY
No, no kidding!
Todd was found guilty of conspiracy to defraud a community bank out of more than $30 million in fraudulent loans, as well as several tax crimes, including conspiracy to defraud the IRS, tax evasion.
Chrisley’s parents were found guilty of wire fraud and obstruction of justice.
Julie Chrisley Will Serve 7 Years Behind Bars
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The US Attorney’s Office stated that before the couple became reality TV stars, they submitted false bank statements, audit reports and personal financial statements to banks to obtain millions of dollars in fraudulent loans and then spent the money on luxury cars, designer clothes, real estate, and travel and use new fraudulent loans to repay old loans.
Explosion reports their accountant, Peter Tarantino, was sentenced to 36 months in prison for his involvement in the couple’s alleged tax evasion.
Tarantino was convicted in June of running a scheme that involved defrauding banks and the IRS by taking out loans and then avoiding creditors.
“Why did Tarantino conspire with the Chrisleys to defraud the IRS?” was a question asked by Assistant US Attorney Annalize Peters during Monday’s hearing.
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He stated that it’s possible that Tarantino got caught up in something that went over his head.
Peters also pointed out that Tarantino was only paid about $40K for his work which shows that it is not a great payment for the amount of time he just received in prison.
He described Todd as a “charismatic criminal” suggesting that this may be why Tarantino was so eager to help the pair.
The accountant was apparently lucky because Peters asked for 41 months in prison which is still on the lower end of the sentence but more than the 36 months he ended up with. Since Tarantino was not the “mastermind” of the money scam, his lawyer pleaded for leniency and accepted it.
Daniel Griffin, Tarantino’s lawyer asked for 18 months in prison as the older man pointed out that letters from the community came pouring in to rally with him and also stated that he had donated to many charities and done other good deeds.
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Source: thtrangdai.edu.vn/en/
