WebNov 23, 2024 · Now worth an estimated $5.97 million, the Chrisleys attempted to flip this six-bedroom, nine-bathroom home only two months after the purchase. The 13,200-plus … WebJan 17, 2024 · The state conceded that the Chrisleys actually overpaid their taxes for some years. The couple ended up having a net liability of less than $77,000 in overdue taxes for …
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WebJun 7, 2024 · The statement was false, since Chrisley didn't have an account with Merrill Lynch at that time. When he did open an account with the financial institution in 2008, he never had more than $17,000 on deposit, the indictment said. "As a result of false representations like these, a number of banks issued the conspirators millions of dollars … WebJun 7, 2024 · The Chrisleys then spent the money on luxury cars, designer clothes, real estate, and travel—and used new fraudulent loans to pay back old ones. After spending all the money, Todd Chrisley filed for bankruptcy and walked away from more than $20 million of the fraudulently obtained loans. shanna smith ohio
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WebJun 7, 2024 · But the Chrisleys went to trial, and lost in the face of government claims that they lied to get $30 million in bank loans and spent it on a lifestyle they could not afford. WebDec 18, 2024 · At the time of the initial sentencing, they were still working out how much Todd and Julie had to pay. However, in December 2024 it was announced that the couple had been ordered to pay $17.2 million in restitution. Even if the Chrisleys were worth hundreds of millions, being fined $17.2 million would still hurt. WebMay 17, 2024 · The couple were found guilty of tax evasion and defrauding community banks out of more than $30 million in fraudulent loans to fund their luxurious lifestyle. … shanna snowden