Current:Home > StocksTodd and Julie Chrisley receive $1M settlement in 2019 lawsuit against tax official -AssetVision
Todd and Julie Chrisley receive $1M settlement in 2019 lawsuit against tax official
View
Date:2025-04-14 22:25:26
Reality TV personalities Todd and Julie Chrisley will receive a $1 million settlement from the state of Georgia to resolve a 2019 lawsuit the "Chrisley Knows Best" couple filed against a former state tax official.
The family's legal team announced the settlement Tuesday. According to court documents obtained by USA TODAY, both parties – the Chrisleys and Joshua Waites, the former director of the Georgia Department of Revenue's office of special investigations – agreed to the dismissal of the lawsuit with prejudice on Jan. 4. On Sept. 13, 2023, the Chrisleys notified the court that they'd settled.
"We have been saying for months that the criminal case against the Chrisleys was highly unusual and had real problems. This settlement is an encouraging sign," the family’s lawyer, Alex Little, said in a statement Tuesday. "It's nearly unprecedented for one arm of the government to pay money to defendants when another arm is fighting to keep them in jail."
When will Todd and Julie Chrisley get out of prison?
Julie and Todd Chrisley are currently serving prison sentences for bank fraud and tax evasion. A Jan. 10 records search by USA TODAY shows Todd Chrisley, 55, has an anticipated release date of Nov. 23, 2032, from FPC Pensacola in Florida. Julie's release from FMC Lexington in Kentucky is set for Aug. 20, 2028.
An Atlanta federal appeals court will hear oral arguments in the Chrisleys' case in April, according to Little. Their daughter, Savannah Chrisley, shared the "huge news" in November, calling the update "one step closer to getting mom and dad home."
“We get to go and argue why mom and dad should be home. God is good. Thanksgiving win!" she said in a Nov. 20 video posted to Instagram.
Why Todd and Julie Chrisley sued a Georgia tax official
In October 2019, Todd and Julie Chrisley sued Waites, accusing him of being "an out-of-control public servant" who abused "the power of his office" to pursue "bogus tax evasion claims" against them. The complaint, obtained by USA TODAY, also alleged Waites targeted Todd Chrisley's "estranged daughter, Lindsie Chrisley Campbell, in an effort to induce her to reveal compromising information about her family."
Their lawsuit was filed a few months after they were indicted on charges of tax evasion, wire fraud, conspiracy to commit bank fraud and conspiracy to defraud the United States.
In June 2022, after a three-week trial, a jury found Todd and Julie Chrisley guilty of conspiring to defraud community banks in Atlanta out of more than $36 million in fraudulent loans, defraud the IRS and commit tax evasion. Julie Chrisley was also convicted of obstruction of justice.
Five months later, Todd Chrisley was sentenced to 12 years in prison, while Julie Chrisley received a seven-year sentence, though both have since been reduced by at least two years and one year, respectively.
"Over the course of a decade, the defendants defrauded banks out of tens of millions of dollars while evading payment of their federal income taxes," U.S. Attorney Ryan K. Buchanan said in a statement after the Chrisleys' sentencing in November 2022.
Savannah Chrisleyshares 'amazing' update on parents Todd and Julie's appeal case
veryGood! (28739)
Related
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Egyptian rights group says 73 supporters of a presidential challenger have been arrested
- This Powerball number hasn't been called in over 100 games. Should you play it or avoid it?
- France’s sexual equality watchdog says violent porn is sowing seeds for real-world sexual violence
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Bahrain says a third soldier has died after an attack this week by Yemeni rebels on the Saudi border
- A rocket launcher shell accidentally explodes at a home in southern Pakistan and 8 people are dead
- CBS News poll: Trump leads in Iowa and New Hampshire, where retail campaigning hasn't closed the gap
- 'We're reborn!' Gazans express joy at returning home to north
- Hollywood writers' strike to officially end Wednesday as union leadership OKs deal
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Brooks Robinson, Baseball Hall of Famer and 'Mr. Oriole', dies at 86
- Donatella Versace calls out Italy's anti-LGBTQ legislation: 'We must all fight for freedom'
- GOP setback in DEI battle: Judge refuses to block grant program for Black women
- Travis Hunter, the 2
- CBS News poll: Trump leads in Iowa and New Hampshire, where retail campaigning hasn't closed the gap
- New Netflix series explores reported UFO 'Encounters'. It couldn't come at a better time.
- Pennsylvania state trooper lied to force ex-girlfriend into psych hospital for 5 days, DA says
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Brewers clinch NL Central title thanks to Cubs' meltdown vs. Braves
Watch: Rare 'Dumbo' octopus seen during a deep-sea expedition
JPMorgan Chase agrees to $75 million settlement in Jeffrey Epstein sex trafficking case
Senate begins final push to expand Social Security benefits for millions of people
Travis Kelce breaks silence on Taylor Swift appearance at Chiefs game
Travis Kelce Reacts to Paparazzi Camping Outside His House Amid Taylor Swift Romance Rumors
'We are just ecstatic': Man credits granddaughter for helping him win $2 million from scratch off game