American TV star sentenced to 12 years in prison for bank fraud of more than $30 million

Reality TV couple Todd and Julie Chrisley have received lengthy prison sentences after being convicted earlier this year on charges including bank fraud and tax evasion.

On November 21 in Atlanta, USA, judge Eleanor Ross in Atlanta, USA sentenced Todd Chrisley to 12 years in prison plus 16 months of probation, while Julie Chrisley received 7 years in prison.

Prosecutors said the couple submitted fake documents to banks and managers to secure more than $30 million in fraudulent loans.

When the plan collapsed, they abdicated responsibility for repaying the loans when Todd Chrisley declared bankruptcy.

After going bankrupt, they started their reality show, then hid the millions of dollars they made from the show from the IRS (US Internal Revenue Service).

“The jury’s unanimous verdict: Todd and Julie Chrisley were career con artists who made their living from one fraudulent scheme to another, lying to banks, Supplier fraud and tax evasion in every corner.”

Todd and Julie on “Chrisley Knows Best”
Before sentencing, Todd and Julie asked for leniency.

Todd said his wife, who takes care of his son Grayson (16 years old) and granddaughter Chloe (10 years old), should not be punished to a severe degree.

Julie emotionally shared: “When you hear your 10-year-old child say he doesn’t want to live if his mother leaves, no child should feel that way,” according to Insider.

The Chrisley family is famous for “Chrisley Knows Best” – a show about a bustling and tight-knit family.

“Chrisley Knows Best” debuted in 2014 on USA Network and has been running for 9 seasons. season.