Todd and Julie Chrisley Accused of Living Above Their Means on $30 Million in Loans: Everything to Know About the Fraud Trial

usmagazine.com:

More than two years after Todd and Julie Chrisley were charged with several counts of bank and wire fraud, tax evasion and conspiracy, the Chrisley Knows Best stars’ trial is underway.Todd, 53, and Julie, 49, arrived in an Atlanta court on May 17 for opening statements, during which Assistant US Attorney Annalise Peters alleged that the pair exaggerated their earnings to banks to borrow more than $30 million.“They made up documents and they lie through their teeth to get whatever they want, whenever they want it,” Peters said in court, claiming that they hid funds from the IRS, according to Insider.The USA stars’ lawyer, in response, has stated that Todd and Julie’s former employee Mark Braddock committed the crimes behind the twosome’s back by impersonating Todd after he was fired in 2012.

While Peters referred to Braddock as a “fraudster” as she spoke to the jury, she claimed that Todd and Julie’s alleged fraud continued after he was terminated.“All along, the goal was to hide the money,” Peters said, alleging that Todd, Julie and Braddock “targeted” community banks and cut and pasted parts of financial documents, a term referred to as “scrapbooking.”Todd, who has been married to Julie since 1996, denied the allegations against the couple in 2019.“It all started back in 2012, when we discovered that a trusted employee of ours had been stealing from us big time.

I won’t go into details, but it involved all kinds of really bad stuff like creating phony documents forging our signatures, and threatening other employees with violence if they said anything.

We even discovered that he illegally bugged our home,” he wrote via Instagram. “To get revenge, he took a bunch of his phony documents to the U.S.