Wednesday 16 November 2022 05:47 PM 'Chrisley Knows Best' stars Todd and Julie could face up to 22 years in prison trends now

Reality TV stars Todd and Julie Chrisley could spend decades in prison for defrauding banks out of millions of dollars to fund their lavish lifestyle and then obstructing the IRS investigation.

The 'Chrisley Knows Best' couple will learn their fate next week after being found guilty in June of a years-long tax and banking fraud conspiracy that allowed them to borrow $30 million by inflating their earnings.

New court documents filed Monday and obtained by WSB-TV included a memo in which prosecutors recommend a 'lengthy period of incarceration' for the couple.  

Todd Chrisley, 53, faces between 17 and 22 years in prison while Julie Chrisley, 49, faces between 10 and 13 years.

The Chrisleys maintain they did nothing wrong, have referred to their conviction as a 'shakedown', and claimed they are the victim of a dishonest ex-employee. 

Their sentencing is scheduled for November 21. 

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The sentencing memo filed on Monday by prosecutors recommend a 'lengthy period of incarceration' for the couple.

 'The seriousness of the Chrisleys' crimes cannot be understated. After they defrauded community banks out of tens of millions of dollars, they hid millions of dollars from the IRS, all while going on television to boast about how much they spend on designer clothes,' prosecutors wrote.

'And when they learned that they were under investigation for those crimes, they involved their own family members and friends to obstruct justice.'

It continued: 'The seriousness of their actions is further underscored by the fact that neither defendant has expressed remorse for their crimes, instead continuing to blame others for their own criminal conduct.' 

The couple is known for their hit show Chrisley Knows Best, which depicts their seemingly picture-perfect southern lifestyle, and is USA Network's most watched original series. 

They have been married 26 years and share five children: Lindsie, 32; Kyle, 30; Chase, 25; Savannah, 24; and Grayson, 16. 

Prosecutors alleged the couple took out $30 million in fraudulent bank loans to fund their lifestyle even before the their show became a hit. 

They then used a film production company they controlled to hide income to keep the IRS from collecting unpaid taxes owed by Todd Chrisley, prosecutors said. 

In June, Todd was found guilty of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the United States and tax fraud.

Julie was found guilty of conspiracy to commit bank fraud, bank fraud, conspiracy to defraud the United States, tax fraud, wire fraud.

But before being given a reality TV show, Todd was a successful Georgia real estate entrepreneur. The show began in 2014 and continues to air on the USA Network, despite their conviction. They also continue to run their lucrative Apple podcast, Chrisley Confessions.