On Monday, a federal judge sentenced Todd Chrisley to 12 years in prison plus 16 months probation. His wife, Julie, was sentenced to 7 years in prison, plus 16 months probation.
Prosecutors said the Chrisleys took out $30 million in fraudulent bank loans to fund their lavish lifestyle and extravagant spending even before they become reality television stars. They used a film production company they controlled to hide income to keep the IRS from collecting unpaid taxes owed by Todd Chrisley, prosecutors said.
Todd will be 65 when he is released. Julie will be 56.
In other news, Grayson was recently in a major accident near Nashville. Police in Tennessee say Grayson was driving his Ford F-150 on I-65 in Nashville last Saturday around 5:30 PM when he drove into the back of a Dodge pickup truck that was stopped in heavy standstill traffic.
When it rains, it pours.