Reality stars Todd and Julie Chrisley turned themselves in Wednesday on tax evasion charges.
A federal grand jury indicted the stars of “Chrisley Knows Best” on 12 counts of tax evasion, bank fraud and wire fraud.
"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," U.S. Attorney Byung J. Pak of the Northern District of Georgia said in a statement. "Celebrities face the same justice that everyone does. These are serious federal charges and they will have their day in court."
According to the indictment, Todd tried to secure loans by using "false documents" including a "personal financial statement that falsely claimed [he] had $4,000,000 at Merrill Lynch."
Authorities say Todd is said to have replied to the person who forged the document: "You are a f***ing genius!!!! Just make it show 4 mill+."
In an Instagram post, Todd said the charges are based on evidence presented to investigators by a disgruntled former employee.
"Not only do we know we've done nothing wrong, but we've got a ton of hard evidence ... that proves it,” he wrote.