Washington DC [US]: ‘Chrisley Knows Best’ stars Todd Chrisley and Julie Chrisley will be released from prison earlier than expected, Deadline reported.
They were sentenced to a total of 19 years in jail for offences such as conspiracy to defraud community banks, conspiracy to defraud the IRS, and tax evasion.
According to the couple’s attorney, Jay Surgent, their prison sentences have been reduced.
Todd Chrisley’s original sentence of 12 and a half years was reduced to 10 years. Julie Chrisley was sentenced to 7 years in prison, which was reduced to 5.
They began their sentences earlier this year, as per Deadline.
The US Attorney’s Office stated at the time that before the couple became reality TV stars, they submitted false bank statements, audit reports, and personal financial statements to banks in order to obtain millions of dollars in fraudulent loans, which they then spent on luxury cars, designer clothes, real estate, and travel, as well as using new fraudulent loans to pay back old ones.
Todd declared bankruptcy after spending all of the money and walking away from more than $20 million in fraudulently obtained loans.
It comes while the rest of the family is already working on another reality show. Chase, Savannah, Chloe, Grayson, and “Nanny” Faye Chrisley are scheduled to star in a new reality series from Queer Eye producer Scout Productions.
“Their sentences were reduced as a result of the application of the First Step Act in which they were given upfront credits to their sentences,” Surgent told Deadline.
“They have also been model incarcerated individuals in full compliance with Bureau of Prison regulations. Also, they will be given credits effective November 1st, 2023 with the adoption of the new Sentencing Commission recommendations providing credits for non-violent, first time offenders.”
