Tuesday 22 November 2022 09:32 PM Todd Chrisley filed for bankruptcy in 2012 claiming he had $100 to his name trends now
That didn't age well! Fraudster Todd Chrisley is seen boasting about spending $300k-a-year on clothes in 2014 clip just two years AFTER declaring bankruptcy to erase $20million in debt
Todd Chrisley filed for bankruptcy in Georgia in 2012 citing $49.5million in debt He claimed he had just $100 in cash, nothing in his bank account and assets of $4million A judge granted him relief, erasing $20million of his debt Two years later, he was filmed boasting about his wealth in a promo for his show 'In a year we spend $300,000 a year, probably more, on clothing,' he said Todd was sentenced to 12 years in prison yesterday for defrauding banks and evading taxes His wife Julie has been sentenced to 7 years on similar charges; they plan to appeal By Jennifer Smith, Chief Reporter For Dailymail.Com
Published: 21:21 GMT, 22 November 2022 | Updated: 21:29 GMT, 22 November 2022
Todd Chrisley boasted about spending $300,000-a-year on clothes for his family in a TV promotion for their reality show just two years after complaining to a bankruptcy court that he had only $100 in cash and nothing in his bank accounts.
The court papers were filed in a Georgia bankruptcy court in 2012 but gain new relevance today after the conviction and sentencing of Chrisley and his wife Julie for fraud.
He is facing 12 years behind bars and she has been ordered to serve seven years - harsh terms which they vow to appeal.
Prosecutors hinged their case on the fact that the pair presented a lavish lifestyle filled with hard-earned riches. They also used testimony from a man claiming to be Todd's scorned gay lover.
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