‘Chrisley Knows Best’: Todd Chrisley Comes Clean About Tax Evasion Charges
Yesterday, Todd and Julie Chrisley, along with former CPA Peter Tarantino were indicted by a grand jury for financial crimes. The 12-count indictment included wire fraud, tax evasion, and hiding income from the IRS.
According to WSBTV, Todd is also accused of telling his employee to make up income and asset documents.
“I want to make note here: Just because you’re rich and on a TV show doesn’t mean that the law is not going to come get you when you commit a federal crime,” BJay Pak, U.S. attorney for the Northern District of Georgia, told the outlet.
If convicted, the pair could be facing up to 30 years in prison.
When did the alleged crime take place?
The Chrisleys are being investigated for income taxes that were reportedly unpaid from 2013-2016. The entire indictment covers nine years and alleges that the family used the fake documents to get millions of dollars in loans starting in 2007.
“They had a production company named 7C Production, which was paid the fees that the TV stations paid for the show. Of course, that was not declared as income in federal tax returns,” Pak said.
What does Todd have to say to these allegations?
Todd took to Instagram to explain the situation.
“I’ve never talked about this publicly before, but there’s been a cloud hanging over Julie and me and our entire family for the past seven years. It all started back in 2012, when we discovered that a trusted employee of ours had been stealing from us big time,” he wrote.
He went on to say that the employee made fake documents and forged their signatures.
“We even discovered that he illegally bugged our house,” Chrisley continued.
According to Chrisley, he fired the employee shortly after figuring out what happened but the person was persistent and pushed to have the family investigated.
“I’m telling you all this because we have nothing to hide and have done nothing to be ashamed of,” he continued. “Not only do we know we’ve done nothing to be ashamed of. Not only do we know we’ve done nothing wrong, but we’ve got a ton of hard evidence and a bunch of corroborating witnesses that prove it.”
Anyone who watches Chrisley Knows Best knows that this type of behavior is not what they promote at all. The Chrisleys are all about family values and raising their kids to be good, independent people. So, it’s no wonder fans were quick to come out and support the family in their time of need.
“Love these guys. Know they are fine,” one person tweeted.
“They’ve been blackmailed!” someone else claimed.
Others suspected a different issue.
And some were confused as to why the investigation was even going on.
“Lemme get this straight…” another person tweeted. “We’re all supposed to believe that the USDOJ is going to throw all of its weight into a tax evasion investigation/trial on the word of one guy?”