Todd and Julie Chrisley's federal trial on bank and tax fraud begins – Insider

The federal trial of celebrity couple Todd and Julie Chrisley, best known for the reality series in their name, kicks off Monday in Atlanta, Georgia. 
Federal prosecutors allege the Chrisleys and their accountant— initially indicted in 2019 — submitted fake documents and fabricated their wealth to banks when applying for loans. 
The alleged scheme lasted from 2007 to 2012, according to court documents.
In one example detailed in a superseding indictment from February, an unnamed “co-conspirator” sent an email to a bank that copied Todd Chrisley. An attachment to that email contained a false financial statement claiming Todd Chrisley had $4,000,000 at Merrill Lynch.
In response, Chrisley told the co-conspirator, “you are a fucking genious [sic]!!!! Just make it show 4 mil+,” the indictment said.
In actuality, prosecutors say, the Chrisleys didn’t have a Merrill Lynch bank account at that time, and after they later opened one in 2008, they never had more than approximately $17,000 on deposit there.
“As a result of false representations like these, a number of banks issued the conspirators millions of dollars in loans, much of which Todd and Julie Chrisley used for their own personal benefit,” the indictment says. 
Additionally, Julie Chrisley is accused of submitting a fake credit report and bank statements when applying to rent a California home, which the couple stopped paying rent on a few months after they began using it, court papers state. 
Each of the Chrisleys, and their accountant is accused of one count of conspiracy to commit bank fraud, five counts of bank fraud, one count of conspiracy to defraud the United States and one count of tax fraud. Julie Chrisley is also charged with one count of wire fraud and one count of obstruction of justice.
The Chrisley’s accountant, Peter Tarantino, is charged with one count of conspiracy to defraud the United States and two counts of willfully filing false tax returns. 
Jury selection in the federal trial are scheduled to begin Monday in an Atlanta courthouse. Opening statements are expected Tuesday.  
In August 2019, before the indictment was announced, Todd Chrisley made an Instagram post denying any wrongdoing, the Tennessean reported. 
Chrisley claimed that a former employee who was fired in 2012 after the couple found he was stealing from them retaliated by bringing phony documents to the U.S. attorney’s office. 
Prosecutors say that the Chrisleys told that former employee to falsify the documents.
The boisterous couple are best known for their reality series “Chrisley Knows Best” and “Growing Up Chrisley.” 
“Chrisley Knows Best,” which was renewed by USA for a 10th season, follows the life of their family. 
The spin-off, “Growing Up Chrisley,” which follows the couple’s children Chase and Savannah in Los Angeles is on it’s fourth season. 
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