Todd Chrisley and his wife are ready to face the legal music. But will it result in them being entirely played off the celebrity stage? That’s the oddly-phrased question, folks. As previously detailed, Todd and Julie Chrisley were indicted yesterday on 12 counts of tax evasion and financial fraud, foremost among them: Wire fraud… conspiracy to commit bank fraud … and conspiracy to defraud the United States. Yikes , huh? The couple has been at the forefront of Chrisley Knows Best for seven seasons on USA Network. The series chronicles the rich and spoiled lives of Todd, Julie and their three children, all of whom are from Atlanta but now reside in Nashville. According to Radar Online, executives have chosen NOT to renew the contracts of these family members in the wake of this arrest, effectively canceling the series. But Todd and Julie obviously have far more important concerns at the moment. The reality stars have turned themselves into authorities, CNN confirms, and are currently in custody in Georgia. The couple surrendered early Wednesday morning, a spokesman for the attorney’s office tells CNN and TMZ, and are scheduled to attend a bond hearing later this afternoon. As for other pertinent details from this troubling case? The Chrisleys were hit with the multi-count indictment on Tuesday, alleging years of tax evasion, bank fraud, wire fraud and conspiracy between 2007 and 2012. The federal goverment claims the stars ran a scheme in which they swindled banks out of millions of dollars in loans by providing phony information, while also effing over the public in genderal by dodging federal taxes on the money they earned. Their accountant was indicted as well. If convicted on all counts, Todd and Julie could face 30 years in prison. “Todd and Julie Chrisley are charged not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned,” said U.S. Attorney Byung J. Pak, adding: “Celebrities face the same justice that everyone does. These are serious federal charges and they will have their day in court.” But Todd, who has supposedly sold his mansion out of desperation , sounds confident a convinction will never take place. Before the indictment was issued on Tuesday, he denied the allegations in a lenghty post on Instagram, implying the charges are based on evidence presented to investigators by a disgruntled former employee. Wrote Chrisley in his open letter: “I’ve never talked about this publicly before, but there’s been a cloud hanging over Julie and me and our entire family for the past seven years. It all started back in 2012, when we discovered that a trusted employee of ours had been stealing from us big time.” He went on to claim this was an act of revenge, explaining that this employee created “phony documents,” forged his signature and issuing threats to other employees related to the show if anything got out about his doings. Sounds like quite the vengeful and thought-out act, huh? If you believe it. “We even discovered that he illegally bugged our house,” Chrisley says. “I’m telling you all this because we have nothing to hide and have done nothing to be ashamed of. Not only do we know we’ve done nothing to be ashamed of. “Not only do we know we’ve done nothing wrong, but we’ve got a ton of hard evidence and a bunch of corroborating witnesses that prove it.” Todd concluded the post by asking for everyone’s prayers for he and his family. “We want to express our gratitude to everyone who helped place us where we are today in our lives. We thank you for your support and we will continue to work every day to earn your respect, loyalty and admiration.” View Slideshow: Savannah Chrisley: The Most Gorgeous Photos of USA’s Brightest Young Star!
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Todd Chrisley Surrenders to Police, Faces 30 Years in Jail
