Todd and Julie Chrisley Are Expected to Give Up $9 Million Tennessee Mansions amid Fraud Case
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Amid their $36 million fraud case, Todd and Julie Chrisley also face the likelihood of losing their homes in Tennessee.
According to the New York Post, couple Chrisley Knows Best will have to give up their two Nashville properties totaling $9 million to receive the $17.2 million refund ordered by Judge Eleanor Ross of the U.S. District Court in Atlanta. to pay dollars.
“They will unfortunately have to give up many things, including their homes. They won't be able to afford it," a source told the outlet. "But her main concern now is her children, especially her youngest boy."
Todd and Julie share three children — Chase, 26, Savannah, 25, and Grayson, 16. They are also the primary caregivers to their 10-year-old granddaughter Chloe, who is the daughter of Todd's estranged son Kyle, 31, from his previous marriage.
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Julie Chrisley, Todd Chrisley
Kevin Mazur/ACMA2017/Getty Todd and Julie Chrisley
On Monday, a federal judge sentenced Todd, 54, to 12 years in prison for bank fraud and tax evasion, while Julie, 49, was sentenced to seven years for her involvement in the crimes.
PEOPLE spoke to former federal prosecutor and West Coast Trial Lawyers President Neama Rahmani — who has no connection to the Chrisley case — to confirm the couple is expected to serve “85 percent of their sentence” under federal law.
NASHVILLE, TENNESSEE - NOVEMBER 20: Julie Chrisley (L) and Todd Chrisley attend the grand opening of E3 Chophouse Nashville on November 20, 2019 in Nashville, Tennessee. (Photo by Danielle Del Valle/Getty Images for E3 Chophouse Nashville)
Danielle Del Valle/Getty for E3 Chophouse Nashville
"And that's the minimum they have to serve if they're model inmates," Rahmani explained. "Unlike states, where inmates can sometimes serve less than half their sentence, federal law gives you only a small reduction for good behavior."
Rahmani added that the couple, who will start their sentences at the beginning of the new year, most likely received "heavy sentences" because "they didn't take responsibility even after being convicted".
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Julie Chrisley, Savannah Chrisley, Todd Chrisley
Vivian Zink/NBC/NBCU Photo Bank via Getty
According to the insider, Julie was emotional during the trial as she recalled a conversation she had with her granddaughter Chloe. "To hear your 10-year-old say she doesn't want to live if her mother goes away, no child should feel that way," she shared.
Prior to her parents' sentencing, Savannah spoke on Monday's episode of her podcast, Unlocked with Savannah Chrisley, about the possibility of gaining custody of Chloe and her brother Grayson.
"It's just really hard sitting here four days before I go into the courtroom," she said on the show. "I don't know what my fate is, what the fate of my family is. I know that it will be very difficult in the short term and I may get home without both of my parents. That's the odds, that's the probability, and that's my new normal."
She began to get emotional and continued, "I come home Tuesday and have custody of a 16-year-old, I have custody of a 10-year-old, and we're not spending our first Thanksgiving as a family."
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